A40 is still in court in Singapore the next court hearing is Feb 8.
An investor has taken her case to the Singaporean Court using international law.
The Altura team used to own Bald Hill.
The current status is, Austroid, a Chinese now U.S. entity is to pick it up for a low figure but still need FIRB approval.
Interesting to see what develops from here and if 1MC will be involved.
It would be great to see a deal happening where we see a win win across the board.
A group called Ravensthorpe which included Galaxy tried to do a new deal with the recievers last year, which fizzled.
From my research Austroid was a Chinese agent buying for an unspecified customer.
The agent was based in the same provence as Ganfeng.
1MC Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
