MBN 0.00% 8.3¢ mirabela nickel limited

I'm trying to understand the process here. From what I can see...

  1. 1,102 Posts.
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    I'm trying to understand the process here.  From what I can see the VA had 3 options:
    1. Accept a proposal for a Deed of Company Arrangement;
    2. End the voluntary administration and pass control of the company back to the company directors;
    3. Liquidate the company.
    A receiver is not a liquidator. A liquidator works for all creditors not just secured creditors.

    So would selling the mine, as people above have suggested, be part of a liquidation or a DOCA?

    Can somebody explain which legal pathway is being followed here please?

    Thanks.
 
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