Ann: Operational and Corporate Activities Update, page-104

As per my earlier post I did not expect the company to resume trading until issues were resolved and a way forward agreed with lenders who need to consent to the change in rampup. After a 3 month review the announcement was pretty light on detail.

Credit to management for allowing those who are no longer willing to accept the risk to liquidate their position. From memory so4 didn't.

Ofcourse it isn't without cost, the rush for the door has eroded a lot of equity value and put at risk any further equity capital raisings. A fine balancing act I suppose but at least they left the door open....

Aimo