"...The creditors would be reluctant..."
There are two kinds of creditors:
1. secured one
2. non secured one
After the non secured one gave up their right and responsibilities, the secured one have all right to control the mine, and follow the legal path to get their money back. So some creditors may be reluctant but hopeless before the liquidation has a stop mark, the mine was sold or the sale was stop.
Yes, after the liquidation stopped and only after that, the creditors in all would have right to be reluctant or not.
- Forums
- ASX - By Stock
- MBN
- Some good news.
Some good news., page-1133
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MBN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online