It's the problem of start up mining producers - they need to get into debt to build a processing plant - then if ramp up isn't on time and to expectations, the debt burden overtakes the production and it becomes unsustainable without CR's. Add political protests and delays and the problems escalate. One saving grace is the value of LAMP. I'll still hold and see what happens - only a small portion of my super portfolio.
Capital Raising immnent, page-151
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