1MC morella corporation limited

Ann: Mallina strike increases plus new mineralised spodumene, page-83

  1. 11,396 Posts.
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    It wasn't V.A. The loan note holders put the company into administration and recievers appointed just after midnight, meaning Monday morning.
    Why would venture capitalists do this when the deal was done and to be signed that day?
    The only reason I can think of is they knew they had a better deal already to go and had to get the company into their control to do that deal with PLS.
    Who organized this and when and how many people and organizations were involved?
    Macquarie who were there to sell 50% of PLS some months back.
    We know the new CDO PLS was at Macquarie and "instumental" in the "acquisition" of Altura.
    What annoys me is that James Brown is castigated for building a mine and refining spod to SC6 spec at 2nd lowest cost. Greenbushes being the lowest and shipping to Ganfeng and LG for Tesla.


    FACT.
 
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