Ann: Drakelands Mine Progress Update - 30 June 2016-WLF.AX, page-5

Being unable to fulfil their supply contracts and incurring a financial penalty is going to hurt badly. They're already drawing on the final 9 million of their 'emergency' funding, and with serious plant issues yet to solve, and a falling-again tungsten price, they'd better start trying to arrange even more funds because 9 mil won't last long. Time to bale out surely.