gwalia gold turns to dust, page-6

re: gwalia gold turns to dust/excelsior Too early to say. It looks to me like a "Receivership" where the Administrator will try to get the best prices for the goods.

Powerful Creditors will push for cash, I think and liabilities far exceed disposable assets. In that case, there may not be any way out.

Of course, one or two new firms may be born, that we don't know.

Just an opinion,

Gerry