A40 0.00% 8.2¢ alita resources limited

Canaccord Oppose DOCA, page-292

  1. 7,123 Posts.
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    In the meeting they will dump Mcgrathnicol and replace with KPMG as the new Administrator.
    However I think they are just trying to delay the inevitable as the legal stand is now with Alita's asset holders.

    They should get rid of the Doca, table all their cost/expense plus their loan + interest, and formally put the company for liquidation or for sale, and get their 10% share of the sales proceeding.

    The longer this case drags on, the more chance that WA mine Ministor and ATO will come with a huge penalty bill for them.
 
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