Ann: Update on Deed of Company Arrangement-MIZ.AX, page-46

We current shareholders are bound to get sliced and diced first but if Andina can succeed where others have failed there could be hope of one day getting back to a position where the SP actually rises again. When all's said and done there's a processing plant (presumably being maintained at present) that would cost many millions to build from scratch, so that alone could justify a certain market cap. I guess the real challenge is finding a steady supply of high grade ore to feed it, either from own mines or third party ore. The last management team were obviously incapable of that, for several reasons. It looks as if the POG is holding well enough to suggest that it could be processed profitably anyway. I agree that an update would be good but as long as they are working on getting things right I don't mind. I believe they said something was to be sorted out by the end of September so not too far away now.