AJM Capital Raising, page-52

Put it this way, the timing is right for the debt collectors to own more than half of the company, when Li price is just turning the corner. The best thing for us small shareholders is to take part and get in as many additional shares as they can. The TH shall be extended as long as the board and regulation can allow it as the whole Li mining sector valuation is gradually moving higher. IMO, AJM should try to lock in a set price long term contract with a Chinese buyer for a large advance payment to pay off the debt. I do not understand why they did not.