Walz issued CDU with a statutory demand for payment, CDU challenged the statutory demand (the 'set aside' application). Clearly Walz mustn't be a subbie - I think CDU had direct responsibility for various bits, but ultimately it's academic.
CDU is imminently bust, doesn't have a viable or operating mine and absent more cash injections/forbearance from contractors and lenders - it will be a zero very soon.
CDU Price at posting:
31.5¢ Sentiment: Sell Disclosure: Not Held