Debit I hope they do and reemployed you blokes - to much knowledge to let go.
I don't like your chances though of getting the money owed to you blokes (hope I'm wrong) but receivers will be looking to pay them selves and secured creditors first and in this market they don't have to much leverage to get a better price, to many plants and mines available now.
Secured creditors are owed about $4m and the receivers would be close to a million - in my view they'd be lucky to get even the $5m for the plant and mine in this market.
Chinese offered $15m but that was on the assumption The mine will be making $1m per month free cash flow and growing production from there, now that the mine and plant is in care and maintenance it would be sold at a massive discount to that offered price.
(the mine is pretty much worthless as it stands now)
I remember someone posting on here there is about 400k ounce resource in stockpiles at wiluna that could be heap leached for a tidy profit if BLK was to buy the mine and plant.. Any views on this?
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