Interesting to read today about Kalium going into Administration last Friday. The same AFR story noted CEFC $US47m loan to SO4 has been written down to $5.5m or 9c in the $. Looks likely secured lenders have taken a major haircut in approving the sale of SO4 to Sev.en. The class action may involve more than SHs?
Class action *registration*, page-7
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