Yes...exhorbitant rates certainly apply here. We are currently unsecured creditors in a case they (PPB) are handling. Whilst it hasn't cost us anything, I have seen the rates schedules. Anything they salvage here will most certainly be spent on the receivers themselves as they dutifully go about collecting all the information, going through the books, probably sending young (probably high-heeled) new graduates to check out the mines....and it goes on. Certainly nothing left here. Our fate is in the hands of the young city 'coffee set' imo.
Cheers...
Cazzex
(opinion only....of course, PPB in WA (as we are dealing with Sydney office) may not necessarily be the above stereotype)
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Yes...exhorbitant rates certainly apply here. We are currently...
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