OBM 4.23% 37.0¢ ora banda mining ltd

Ann: Request for Extension of Voluntary Suspension, page-3

  1. 71 Posts.
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    This is now a $75 million recapitalisation. I hope the unsecured creditors get some reasonable payment out of this; really if this has any hope of going into production it will require the support of those suppliers. However in my view existing EGS shareholders are in for a serious dilutionary haircut.
 
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