They will now need people on site to keep the project under care and maintenance have been told 4 people, they are about $30m in the red this will never get off the ground.
The receivers told the hearing that the project was worth $9m they will once again look like fools when the liquidators try and sell it my guess for about $1m-$2m one things for certain JDR won't be involved,JDR are suing for the $400/- they lost in the debacle ($120/- deposit & $280/- in court costs)
MRV Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held