This argument wouldn't hold, not at least with those scums.
Austroid can easily says that they do not mind running an unprofitable business. In the first instant, we do know that with the high lithium prices, the business is highly profitable. Just that they are selling the lithium at artificially low price so the business appears to be not profitable, even losing money, that's why they have to lend more $$ to Alita to continue running.
The end game for Austroid is that they get all the shareholdings transferred to them at zero cost and they can then be the owner of Baldhill mines.
Meanwhile, the relevant authorities are totally unaware of what's happening.
Except for Cannacord who has brought the DOCA issue to the court.
But alas, we know such court cases will drag on and on and by the time this case sees the light in the court, Baldhill should be bald by then- pun intended.
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