AFP fraud squad should be investing MGN along with the rest of the crooks that stole the company from shareholders and left us with hundreds of millions of dollars in debt to ATO for a mine that shareholders already paid to be in care & maintenance 3 years ago. If anyone owes ATO money is MGN & MikeFQue who operated the mine without shareholder approval and dug & shipped ( stole ) spodumene they did not own. Vote against termination of liquidation and maybe the ATO will get off their arse and look into how did Alita ended up owing income tax in the amount of $203,045,626 and 28 cents when the mine was meant to be mothballed.
Good summary of the questions needing to be addressed whatever the outcome. The entire process has been suspect from the beginning and everyone involved seems to want to brush it under the carpet. CE is the white knight of crime scene cleaning here.
A40 Price at posting:
8.2¢ Sentiment: None Disclosure: Held
