PDN 0.76% $9.13 paladin energy ltd

Ann: CNNC Purports to Exercise Langer Heinrich Call Option, page-13

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    lightbulb Created with Sketch. 39
    This only applies if certain solvency situations, given the debt can't be repaid without the restructure, and the restructure can be blocked by CIC, doesn't that mean we can't pay the debt, hence the solvency situation occurs and CNNC get LH?
 
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