Originally Posted by
Balance
#1 - I did not buy into this dog, but share your sentiment about the dog!
#2 - NZO appointed the receiver and as the only secured creditor left in Pike, can terminate the receivership. So they do not have to beat anyone to 'buy' the asset!
#3 - The word 'honestly' does not equate to NZO directors.
#4 - What damages are they liable for? The market has already effectively written Pike off already!
#5 - Question remains - why the unseemly haste to get rid of Pike?
#6 - 29 dead miners. They will continue to haunt this bunch of incompetent, unprofessional and cowardly directors for a while yet - Pike sold or not.