Frankly, Wassa and you are scare mongering. Of course, you can never say never just as you could get hit crossing the road.
Mel is not stupid so that while there is an alternative to a CR he will use that alternative.
The reality is that any cash shortage will be short term-Hillgrove has $230M of metal to come out of the ground over a 15 month period.
Longer term there could well be a cash raising or a debt facility when they have established the equivalent of a 3M ooz gold resource at Hillgrove but by then the share price will be north of 70c. As I keep saying despite any blips between now and the end of October by then the MC will be $400M. It's inconceivable that the market won't have woken up to the promise of both Hillgrove and Thalanga even if there isn't a splendid surprise from Herberton or drilling for Highway Reward look-alike.
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