AYN 0.00% 0.1¢ alcyone resources ltd

Liquidation, page-24

  1. 1,972 Posts.
    Nothing new to report but the below article gives you an idea why administrators found it hard to find a buyer for AYN.

    The Queensland environment minister, Steven Miles, says when he took office in 2015, he was “shocked ... with just the sheer number of times” the department came to him to advise a miner had gone into liquidation, leaving behind as little as a 10th of what was needed for site rehabilitation.
    “With Texas Silver, it was $2m when we needed $10m.
 
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Currently unlisted public company.

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