Arcan does deal

But not with Molopo
Arcan resources is the company our poster Wiggling  was hoping would hook up with Molopo.
However, that seems unlikley now and 1 less iron for Molopo.
http://online.wsj.com/article/PR-CO-20140623-907857.html

"Arcan's board of directors and management believes the Arrangement is advantageous for Arcan's stakeholders after examining a variety of financial and strategic alternatives."

The company should move its capital of 60 million to Molopo australia and isolate it from any law suits.
Molopo Canada can carry the can with the Quebec assets.