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Ann: Voluntary Suspension Update , page-49

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  1. glyna
    723 Posts.
    lightbulb Created with Sketch. 14
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    31/08/10
    15:13
    Post #: 7084001
    The reciver will have to...In discharging their legal duty...Have to decide what is in the best interests of the comany...After looking at the books
    1/payout ILP with a large loan from CFE. leaving the company in debt close to insolvency with the only hope of survival a tenuous "take your chances" court case..or.
    2/An on the table settlement offer from MMX..leaving the coy free of debt and a few million in the bank..
    And that won't be chm or cfe's call....A bird in the hand comes to mind....
    CHM Price at posting: 9.2¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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