Obviously you haven't read or lack the competence to understand the terms of the facility that is offered...
If the company goes broke, he gets the mine and associated assets.
MA gets his termination payments and the workers collect the wages owed to them. So how much capital will be left for turning the mine operations around? Just keep dreamin...
Is this the same Philip Watson that was associated with Harts?
AXM Price at posting:
20.0¢ Sentiment: Sell Disclosure: Not Held