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1,245 Posts.
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25/07/12
13:07
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Hi Hotfire
Agreed, on face value it looks like PLA has a bank balance of approximately $0.
If this Legal dispute triggered the Administration process, then I wonder what the other 'Creditors' think of the Redpath Mining resolution?
I also wonder if Smokey Hills is operating? Perhaps we can trade out of this situation?
We still have some great assets - so it's now looking like a recapitalisation to me!
Gus
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