MNS magnis energy technologies ltd

On a belly up scenario, the creditors will seize whatever left....

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    On a belly up scenario, the creditors will seize whatever left. Given Nachu is not a mine, graphite is not a hot commodity and located in a high risk location, it's not much in value. In that scenario, shareholders has nothing. BUT but but some one got paid the last year or so of suspension including the backers with high interest loan.
 
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