KGL 0.00% 10.0¢ kgl resources limited

how much money goes back to creditors, page-3

  1. 733 Posts.
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    Thanks for that.
    We will wait and see how much goes back to KGL and how much goes to previous unsecured creditors. I'd be stunned if anyone receives a bonus for selling Murchison. Hopefully the final sale of Murchison will be the catalyst for changes within the company.

    1.7 cents in the dollar as a return to unsecured creditors was a true shocker.

    I'm still pretty pissed off by the way this company collapsed and the loss of all value. I want to see my investment increase in value as my loss is significant.
    I don't want to buy more shares as the company board and management have a real credibility problem. A couple of new directors came on after Barr and McKinnon fell on the sword. That was a start but I think the job is not yet complete.
    I don't really know what comes next to restore the credibility issue.
    Any thoughts?
 
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