Ann: Appointment of receivers and managers, page-330

I don't know if this has been posted before but it looks like the administrator is still progressing the revised mining proposal lodged on 13 August .
I take this as a positive sign that they view the company as a going concern pending resolution of the debt refinancing otherwise why waste time progressing the proposal.
As this proposal is most likely a rejig of the earlier version lodged and withdrawn I am hoping that the administrators waste no time in responding with whatever further information is required. An approved proposal for a fines circuit will go a long way to providing confidence to any prospective financier.


ved