The Company got a rush job for IP?Independent Party (IP) did not...

The Company got a rush job for IP?

Independent Party (IP) did not pursue for offers?
(offers discouraged as would be subject to allow time for due diligence?)

IP determined the mine shutdown,
IP deposed key officers - no chance for resuscitating Life into A40;
and
with "shutdown" provided the basis for rock bottom valuations by "independent" valuers.

was there a lack of care for shareholders interest(?)
as for the creditors - evident that they were offered a deeeep haircut.

aggrieved shareholders enquired at a web meeting in sgp -

• in the interest of Shareholders?
• why not pursue for offers for the mine?
• why not wait for lithium markets to turn/improve?

(as indeed the lithium market did improve fairly quickly after the DOA) (

meanwhile DOA - pursuing approvals
got the due run-around (ASIC and FIRB; and SGX and SEC)

persons in authority ... on soft ground...
The Question
lithium markets are on this super-cycle,
and a40 shareholders and creditors ... do they need to be skinned?

The Answer
INDEPENDENT?.