OBM 8.97% 42.5¢ ora banda mining ltd

Ann: Instrument 2015/251, page-7

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    It's in administration not liquidation. According to the administrator there is plenty of interest in the asset. A DOCA paying a minimal cents in the dollar and retaining the company is still an outcome which could benefit the SH's and would mean no tax to pay on future profits until the retained losses are covered. The proverbial robust fairer gender hasn't cleared her throat just yet.
 
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