Ghosta , told Max, "your shares will ride with the new owners"...

Ghosta , told Max, "your shares will ride with the new owners" New owners of what , they may have sold Kat Gap & another company owns the two ladies' leases. Your shares will be in the company CLZ which owns a Gekko and has 1.7 million dollars after LDA has been paid off . And how many shares will there be after the earlier financier loans have been converted to share equity & those referred to as trade creditors also converted to share equity .- see the long list of creditors.

As has been suggested, what if they tidy up the registry by doing a third consolidation?

It could possibly go two ways :
Firstly, pay out the employee & Board entitlements, and try to sell the Gekko, then appoint a receiver .

Secondly: Ask the shareholders for money to recapitalize the company under a name change possibly to Forestania Mining .
AND START ALL OVER AGAIN.