Ann: Recapitalisation to Underpin Transformational 2018, page-197

I just went and looked at my post regarding BLK AGM and aside from the bit about Pacific Road funding (I'd love to know the true story behind what happened there!) it seems to me that management have so far kept to their plan and turned it around.
here's a link https://hotcopper.com.au/threads/blackham-agm-turning-point.3864461/#.Wmb8NExuLIU

This recapitalisation is fully underwritten and management have made commitments to take up their rights.
They have received strong support from Institutional investors and Hartley's SI's.
There has been soooo much doom and gloom (and BS imo) posted here for so long that i'm sure many peoples heads are spinning. There is no denying that shareholders are pissed off and feel let down by BLK in 2017.
BLK bashing seems to have become the sport of choice on Hot Copper !
As a shareholder I too am unhappy with both the companies performance and resulting share price
However, I have always taken a long term view of this resource and still consider the key to unlocking the "embarrassment of riches" at Wiluna is to go large and have both plants humming at the same time.
The company now has the worst behind it and it seems that fresh eyes can see value here