1MC 9.68% 2.8¢ morella corporation limited

Ann: Appointment of Receivers and Managers, page-221

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  1. 13,442 Posts.
    lightbulb Created with Sketch. 973
    Your right it is not yet , we cannot even sell at a loss to create one at the moment, they cannot pay their debts so it does not look good. Time will tell .
    Will a private equity mob pay what the financia wants , if they would it would have happened before the receivership, but they could not find anyone to finance the mine, they have known about the problem for a long time and they have been suspended for a long time. Having said who the hell knows , maybe we will find out one day.

    The plan was in the context of PLS coming good ,once again who knows what lithium will do.
 
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