We had 1.1 quarters of funding left last quarter. So I bet this is all about funding.
Options:
- Existing senior lenders are not willing to loan more of the Liquidity Facility. We have given ourselves 2 weeks to find more funding.
- Existing senior lenders are willing to load more, I don't understand why we need a 2 week halt.
- Ex director is considering a take-over hence why he quit.
- Another capital raising, although 2 weeks is too long IMO.
- Plant has another terrible month, basically failed permanently, will be sold for essentially nothing.
- A good month of near target, but not yet cash flow positive.... but why trading halt.
- Take over offer from another big player? $50 million is super cheap
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