just on a back of the envelop calculation
there was about $7bn in assets
$6 bn now the cash is almost gone
sell all the mines at 50% discount
leaves $3bn
liabilities would be about $2bn
of that interesting bearing liabilities would be $1bn and the rest payables etc
pay all them out
equity would be $1bn
3.26 bn shares
perhaps we might end up with 30 cents each
how much will we get if it goes into admin
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