Luckysmile, my understanding is that the Company which is to own...

Luckysmile, my understanding is that the Company which is to own what's left of PLA (African Thunder) will issue shares equivalent to 15.5% of its total issued capital. 13.5% goes to Macquarie Bank.

The remaining 2% is to be issued (at the discretion of the administrators) to unsecured creditors and PLA shareholders.

I'm not counting on getting anything back: I'd just like to be able to write the whole thing off rather than wait another two years for very little, if anything.