Ann: Quarterly Activities and Cash Flow Report, page-41

This company is a tangled web of debt. It needs a forensic financial examination by receivers.
They are attempting to sell a project, for 7 million before receivership.
The debtors could put a stop to this sale of this sole asset, but what would be left to sell if they did. Just a hole in the ground at Kat Gap with no plant. It is not as if it is an established mine.
Well they got to have a shareholder meeting for anything to happen , but that doesn't seem to be happening. It looks like they are stalling for time.Lets see if this is another instance , on the long list of failed deals .