Ann: Appointment of Receivers and Managers, page-215

"The Receivers and Managers understand that Voluntary Administrators have also been appointed to the
Group"
Voluntary Administration is a process where an insolvent company is placed in the hands of an independent person who can assess all the options available, and generate the best outcome for a business owner and for creditors. Of all companies that enter Voluntary Administration only 26% are saved.

What I don't understand is, with all the cheap money out there, how come an efficient mine like AJM producing and selling a high quality product can't get its hands on some of that cheap money to keep operating now that the lithium sector is starting to move north. Its the timing. I'm starting to smell something stinky here.