call me cynical but I assume the following
- mine has been sold all while ignoring all emails from anyone in australia. let's call the company that bought it "mates of the board pty Ltd"
- mine sale just happens to be a bargain cause all creditors like noble forgive the debts
- all contracts suddenly stay in place with "mates of the board pty Ltd" and mine goes ahead
- MN claim they have no say in the sale of the asset as it's domiciled in South Africa.
- ASIC don't care because they have no power over any activities overseas.
- everyone wil existing contracts don't care cause why would they.
net result
- "Mates if the board pty Ltd" run the mine successfully as always planned because it was funded and bankrolled by Australian investors
best scam ever and all done right in front of you.
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