I agree, great question. I heard the same thing from people in Jamieson.
If they close Woods Point and sell the mine do they pay their debts?
What are their long-term debts?
I believe they have trade payable debts, no secured debts other than a loan for a front-end loader by one of the directors McNally.
Where are the statutory letters of demand threatening to wind up the company or appoint an administrator?
What is the value of Mt Carrington and Alaska projects if they were to sell these and return money to shareholders?
Independent valuation was AUD$0.43/ share in 2021.
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