Regarding the CR and dilution, would you prefer to hold 10% of dead company or 4% of an alive company that has a chance to rebuild?
Credit to the contractors that are working with AGO and sharing the risk to keep AGO going.
The value of the AUD is a big wild card here, AUST govt & RBA's efforts to keep it low are not working well and an AUD at 0.86 will seriously jeapordise AGO's profitability.
Ann: Landmark Deal On Costs - Mining Back On, page-57
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