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MRV moreton resources ltd

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you as a shareholder will never see any cash. the lenders come...

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Maverick1975

2,414 Posts.

632

06/07/20

09:59

Post #: 45661383
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Originally posted by ands: ↑

Have plenty of potential court windfalls but the question is how long will the government drag it out in court before we see the cash. History shows they hold out for a long time when they a) don't want to admit fault and then b) don't want to agree to the settlement.

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you as a shareholder will never see any cash. the lenders come first and debt is 2x what the Company might be awarded under the most optimistic outcome.

you have read the company accounts right? the company is loaded with debt

MRV Price at posting: 0.3¢ Sentiment: None Disclosure: Not Held
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you as a shareholder will never see any cash. the lenders come...

Top Stories

Week 31 Wrap: Oz core CPI @ 2.7%! But here come tariffs. Again. Next Friday

Infini Resources appoints Rohan Bone as CEO ahead of Phase 2 campaign

AFT Pharmaceuticals outlines shareholder value focus in 2025 AGM

'Rising demand': Lakes Blue Energy starts well-timed Wombat-5 gas drilling

Crickets as Horizon Oil unveils new project picked up in Thailand

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Prospect Resources: Replicating the success of Arcadia with ~1b tonne copper ore target

DeSoto lands key exploration rights for Syncerus gold project in Guinea

Everest Metals dips as company clocks low gold grades at Taipan, WA

Market shrugs off Bellevue's 'conservative' FY26 guidance

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