CMY 0.00% 0.5¢ capital mining limited

Ann: Execution of Deed of Company Arrangement, page-20

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  1. 628 Posts.
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    No one has actually bought them out. An entity has proposed a DOCA which the administrator has accepted. Likely that many of the current mining assets will be dropped since they cost money to keep (annual tenement fees). Lithium assets have in general been overdone so we shall see. Maybe a new mining asset with legs or maybe a completely different business which would require a change of nature of business compliance - ASX listing rule 11.1.2
 
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Currently unlisted public company.

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