Response20 Apr 2021 09:01
To be fair I received the following response....
‘ G3 Exploration Limited (In Official Liquidation) (the “Company”)
As you are aware, the Company is in Official Liquidation and is a holding company with several subsidiary entities beneath it, some of which ultimately hold assets. The recovery of any proceeds to the Company that would enable the liquidators to pay stakeholders in the required order of priority, as established by Cayman Islands law, is entirely dependent upon the level of realisations achieved at subsidiary entities. Those subsidiary entities are not under our control, but under the control of secured creditors who exercised their rights to appoint a Receiver and it remains highly uncertain as to what level, or when, proceeds will ultimately reach the Company.
We will let you know as and when there are any material developments.
Thank you for your understanding.
So anyone know who the receivers are as it seems they would have latest info on how the realisation of assets is going?