Ann: Blackham to undertake significant recapitalisation, page-18

I've said all along that the (non holding) merchants of DOOM on these threads are jumping the gun predicting VA for BLK
Clearly Orion has no appetite for exercising its security over the assets, they aren't in the business of owning or operating mines.
Surely no one has more technical and intimate knowledge of the mining operations than the mining contractor themselves.
FWIW I am still calling a big turnaround for BLK in 2018