Perhaps it has nothing to do with real "assets"...but rather "the rights or legal standing" of the original company. ie..before transactions or agreements were made after the Chinese gained control which can be nullified in court now. I can only think of two major transactions/deals that spring to mind.
1. The settlement of AKE tenements via the previous court case settlement.
2. The infamous, loss-making offtake agreement in place via Lithco 2.
I think it's mainly no 2 but why not both?
A40 Price at posting:
8.2¢ Sentiment: None Disclosure: Held