Ann: Appointment of Administrators, page-54

Have you quoted figures for 100% zinc there? Seems too high (and I can't be bothered looking into it tbh, there is little point).
Also - there's no resource. So how would you expect anyone to stump up more? It would be straight gambling. Which is why nobody HAS stumped up more and the company is in VA. They could run out of zinc at the end of the month. No instos could get this past due dilligence without a resource.
I'm not even sure Noble throw in good money after bad - no idea how deep their pockets are. The tenements are worth something - there's always another spec company to come along and run a pump and dump if worse comes to worse. The administrators will take that as it'll pay their fees.
Preventing that eventuality might be the only thing keeping Noble at the table. Someone else might pick up all their work for next to naught.
Maybe SL1 management buy the tenements for 750k via another shell and do it all again. Why not?