ANW 0.00% 0.1¢ aus tin mining ltd

Ann: Mining Contractor at Granville Appoints Liquidators, page-34

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  1. 2,685 Posts.
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    Yeah lets hope that we can lease it off the liquidator.
    The process is for a Machine valuer to come in and then Gazette an Online Auction via Grays on line or similar.
    Process can take a couple of months.
    Hopefully the Auditor has the ability to assign any financial lease over too ANW if it suits recovery of liabilities. This can happen quite quickly after a valuation is conducted.

    I doubt that we would have placed a security title on any advanced payments but maybe the liquidator could treat ANW favorably especially if they can reduce exposure.




 
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