New capital raising?, page-15

It's actually rather complicated. Either the directors in accordance with their directors duties (care & diligence) surrendered the company into the hands of the adminstrators to avoid trading the company insolvent (even though funds available there must be a means by which it can be repaid) or acted criminally and entered a scheme to defeat creditors and shareholders by taking out a life insurance policy in JDR to fake ones death to live happily ever after on 'The Isle of JDR'. A type of phoenix trading. Again, burden of proof near impossible but may demonstrate confidence in JDR's future. There are smarter people on this forum re mining & markets to whom I listen and are grateful. Investigation is my kung fu so that's why I recommend the losses be written off. DYOR