Jiangxi , Burwill, Liatam, Austroid and the rest of the Chinese actors involved with A40 at various stages are all on the same side and IMO Haitong Securities was behind everything from day one when they first financed Burwill and had them invest in AMAL and had them change from iron ore trader to lithium trader. That's way back when AMAL and Tawana were still at the discussion stage about the possibility of building a lithium mine at Bald HIll together.
CCP plays the long game and we allowed them to have us boiled like frogs. Not that Galaxy is much better then CCP and if ASIC did their jobs like they should have and investigated seriously the complaints made against the company during the merger between AMAL and Tawana this would not have happened and some of the players would be facing charges by now.
If shareholders are not allowed to participate in a CR then the only equitable thing to do is place the assets on the international market and sell it to the highest bidder.
A40 Price at posting:
8.2¢ Sentiment: None Disclosure: Held
