Leaked Info, page-30

I have bought 2 goldmines out of Admin and in both cases the original shareholders got 5%.

These like OGX were failed underground nuggety goldmines that fell into Admin and were primarily run by BOD of non local Lawyer or Broker.

If there are not too many major secured creditors to negotiate payouts to, the SHs will generally get 10%

10c on the $ is typical of firesale and Administrators will deal at 10c in the dollar to get their fee, or 5c in the dollar if secured creditors are in the deal.

This isn’t just listed gold mine insolvencies, it’s all businesses. That’s how you will value a bowl at a garage sale or scrap metal at the scrappy yard or yes Korda Mentha.

its not how sophisticated you are (you, me or the Admin guys gals) it’s that 10% is the going rate to buy a widget someone else failed to sell.