You can add that in if you like names but not sure it changes the point. No wonder they rushed to refinance a few weeks ago.. given their position I don’t like the chances of good terms.. mgmt rolled the dice taking on high debt to expedite development and limit dilution. Not their fault lithium prices tanked but they’ve been caught with their pants down and have continually been reactive not proactive when it’s come to refinancing. Debt has been a massive anchor.
Ann: Quarterly Activities Report, page-22
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