Who would offer USD $250M, as one of the permits is sterilized?
And what are they buying, as there are no longer any off-take partners (the appointment of receivers and administrators releases them from any contract)?
If you got no buyers, then all you have are the mines, the manufacturing equipment, but No Revenue, and lots of Debts - including wages and salaries to employees under care and maintenance.
These costs will continue to accumulate as this saga drags on.
Your situation is very similar to A40.
The only way to cure this, in shareholders' favour, is for existing holders to reach deep into their own pockets.
Any other interested party would Only be keen to buy the subsidiary company - Altura Lithium Operations Pty Ltd.
