Technology Minerals fesses to Recyclus Winding Up Order from HMRC but there’s a bigger issue
Technology Minerals (MNTL) today fesses up that HMRC has submitted a winding up order against its 48% owned Recyclus subsidiary. It says it has found an external investor who will back Recyclus to settle the HMRC debt and that it will then convert part of the £9.6 million it is owed by Recyclus into shares to maintain its holding at 48%. So far so good. This is all about trust.


