A40 0.00% 8.2¢ alita resources limited

If your question was "will GXY take over the mine?" My answer...

  1. 127 Posts.
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    If your question was "will GXY take over the mine?" My answer is, I don't know. There's too many things that can happen before that. What if someone comes in and start a bidding war? If GXY saw value in the mine, I'm damn hell sure there's some other company out there that does too.
    But even if the mine was sold, I don't think us shareholders will get anything. The point of the receivers are to maximise returns for the loan holder. If there's any money left, the money will definitely go into the receivers pocket. End of story
 
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