A40 0.00% 8.2¢ alita resources limited

Why immediate Sayonara? I now know that debt settlement time...

  1. 200 Posts.
    lightbulb Created with Sketch. 11
    Why immediate Sayonara? I now know that debt settlement time short, but If there is a consortium of lenders ready to restructure and recapitalise as reported by the administrators, Alita, and the AFR, why can't the loan be paid using this? Wasn't the OCP and Keshik deal reported to be 60M, (paying off debt and working capital) with each receiving 10% of company?
 
watchlist Created with Sketch. Add A40 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.