with operations/investments across multiple jurisdictions including Africa, UK, Europe and North America. Olvera Advisors sought to extract value for stakeholders from the assets of the Company. Olvera Advisors have undertaken a:
- Financial Assessment of the historical trading performance of the Company;
- Operational Review of director and management performance;
- Divestment/Realisation Strategy, including a successful International Sales Campaign to divest a wholly owned subsidiary undertaking mining operations in Europe. Such strategy in part provides for a staged performance based recovery;
- Statutory Recovery Strategy, including a material claim into an External Administration of its mining operation in Africa;
- Statutory Recovery of an uncommercial transaction;
The liquidation is ongoing and remains in a monitoring phase as to the outcome of implemented realisation and recovery strategies.
