Hi,
I think we are safe in assuming that the banks will not take a haircut until any equity is exhausted.
Administration remains the most likely outcome.
However this development increases the chance of survival.
As I look at AMN's recent resurgence[ on piddly turnover] , one reason may be that the the KLL plant is showing promise , perhaps more than we know, which augers well for KLL , and other companies in the space.
cheers
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