Given they are still in liquidation, the receiver, Kordamentha, doesn't have to tells us anything and clearly they haven't been keeping the liquidator/previous VA, Ferrier Hodgson, informed as they had to recently ask them for an update. Even if we ask them what the current highest bid is, they don't have to tell us.
Maybe we should hire a corporate lawyer on a part-time basis to ask them whether it will be legal for them to sell their secured notes, hence ownership of the mine, to themself somehow.
This is the main sticking point as all the public data shows the mine has low production cost and capital expenditure and a lot of nickel in concentrate yet to be produced.
How much will it cost for the corporate lawyer to produce a cover letter for this, $5K????
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All over done and dusted, page-32
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