This does not look promising because:
a. It is in administration
b. It is currently being offered for sale in the ‘local rag’
c. It is being propped up for 4 weeks (quickly running out of time)
d. It has run at a loss.
Qu. If it were possible, would you purchase a company with a high risk of failure?
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- Ann: Mining Lease Approved and Mining Commenced at Macy Project
Ann: Mining Lease Approved and Mining Commenced at Macy Project, page-141
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