Unfortunately this seems to be just like Pasminco (now Zinifex). Ongoing operations, then assets sold off and a new company formed with no proceeds or rights for existing shareholders. As usual, shareholders are left to hold the can whilst creditors get some or all of their money back when the assets are sold.
My sympathy to those that hold. I have been though this before myself so I understand the anger and pain.
Unfortunately this seems to be just like Pasminco (now Zinifex)....
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