Common law would preclude ANW holding any Fixed Assets as a bargaining chip. At any time the liquidator can come and pick up the equipment. As its in Liquidation and not administration then ANW has probably lost 100% of anything paid upfront.
Complete useless Due Diligence.
Remember how proud the announcement was that they saved a few dollars.
Incredible
And we are going to trust them to pull off Taronga?
Ann: Mining Contractor at Granville Appoints Liquidators, page-16
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