RXM rex minerals limited

I guess firstly the company is Allmine not Allstate.(They were...

  1. 15 Posts.
    I guess firstly the company is Allmine not Allstate.(They were running in the 1970's)
    Allmine administrators will take possibly 6mths to get a reasonable idea of what can be sold and for how much.
    Then shareholders will be advised of the position.
    It will be 12mths to clean everything out and the possibility of any shareholder getting a return is zero.
    Would think RXM directors had some idea of what was happening at Allmine at the time of their announcement of MOU?
 
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