Thanks for posting @ccdavid.
What i am confused about is there has been 3 shipments since the voluntary admin. This revenue adds to the cash balance. Like to see the qtrly cash position. But are the administrators still mining? Or just selling from stockpiles? Havent seen any update as yet. Updates from administrators are normally very sparse and I suspect they are spending their time keeping TRAFI happy whilst they work through the options including can they trade sale or trade out or liquidate. Most of these option ( if not all) have no joy for retail SH.
30c in dollar tax write off from liquidation maybe our best option
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- Ann: Appointment of Voluntary Administrators
Ann: Appointment of Voluntary Administrators, page-88
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