OBM 0.95% 52.0¢ ora banda mining ltd

Debts?, page-10

  1. 174 Posts.
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    Current and past Directors will be personal liable for all company debts. As soon as company became insolvent and they decided to continue trading.
    The leases claims will be decided shortly. If they are unable to retain them suggest company secured creditor will put company into liquidation .
    Company unable to wash it own face to cover operational costs. The new secured lender who has common directors just need to sit back and take the assets and start again. This company gone into liquidation 7 times.
 
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