SL1 0.00% 0.0¢ symbol mining limited

Oh thats an interesting question - I suspect not. The shares...

  1. 60 Posts.
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    Oh thats an interesting question - I suspect not. The shares have not been sold, merely in suspension. So while its likely they have no value, that is not yet crystallised.

    Sadly I can see nothing in this for shareholders. There are too many others ahead in the queue such as the lenders, JV partners, creditors etc etc. Shareholders always come last. There will be a deal done back in Nigeria between these parties and maybe it will be restarted, but the shareholders are no longer required.

    Worth noting however, this is not Nigeria's fault. From what I hear they fell over themselves to help - this lays purely at the feet of management.
 
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