CUO today also put into administration. End of Sept announce their maiden full yr profit, end Oct positive presentation, very similar positive going forward to MRX but much larger, then suddenly administration. They had an offtake agreement also with Glencore. Just what is Glencore up to here?
Does anyone know how many other ASX mining co's (copper?) have recently been put into admin or receivership who have had agreements with Glencore?
glencore
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