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31/12/23
15:46
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Originally posted by eastwest101:
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Yeah - I guess logically for MIN and for Chris Ellison, now that they have effective control of the assets the next step is to remove the previous/existing offtake agreements out of the way, with all the different subsidiarary companies and the complex history of multiple owners administrators and receivers then I assime that Ellison can afford good lawyers and is not interested in selling cheap spod to China so this must be part of that somehow. If the liquidators can somehow get sent off on a long wild goose chase that ends up discrediting previous A40 management, their business dealings and other parties like Austroid/CHEL etc then that is all fine and well, but all this investigative work must take time and cost money, who is going to pay for any detailed investigations and looking for any "voidable transactions"?
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Liquators love doing all that work. Check out some of their fees. $20 approx per page for photo copying I believe. Court sancioned theft. They will walk away striping the accets and then some.