@fnqricko I think you will find the situation to be binary. We...

@fnqricko I think you will find the situation to be binary.
We either get out of VA (first achievable goal) or the IP gets sold (singular) is the way I have deciphered KM’s options.

Option 1. The sale of IP to a third party will retire creditors claims. There is no buyer for Karibib. A separate party has indicated they would buy the shell ASX LPD. So that is the IP and ASX listed company shell can be sold, yet no buyer for the mine.

Option 2. There is a buyer for equity into the LPD co. Karibib mine, the ASX listed co. , and IP all rolled into one package.
Details of option 2 are outstanding and it’s hard for an individual to make a choice given the above circumstances. Yet there is not another choice given at this stage. If you do choose to email Kerrin , remember it’s only indicative of your decision to participate. It is “not” a pledge of financial support, only an intention of supporting LPD to get out of VA.

Every time I see someone posting about not participating, is a sure way of not receiving any ROI.

When we get out of VA and listed back to the ASX, well this gives the shareholders choices regarding selling shares or staying with the company.

Hanging out waiting for better options is a sure fire way of not receiving anything for your shares.

Something to consider; either yes to LPD trading on the ASX or Zero for not getting out of VA.

For me the option of having options is far greater then not having any options.

Food for thought