Class Action Discussion, page-9

Hi @AirForceOne, I think your curiosity might find some answers in the Liquidators second report.

Unfortunately the record monthly gold production of (7,155 oz) & record quarterly gold production of (17,818 oz) achieved in Jun'18 just wasn't anywhere big enough to offset the debt & liquidity problems that WPG had progressively accumulated during 2017 & 2018. The fiscal info & comments in the liquidators second report are informative:

pg 21: Table 7 (Challenger Gold operations Pty Ltd Profit & Loss)
pg 25: Table 15 (Challenger Gold Operations Pty Ltd Balance Sheet)
pg 34: Table 22 (Underperformance at CGO)
pg 35: Delays in accessing Challenger Deeps / Failure to execute on recapitalisation plan

https://www.rsm.global/australia/sites/default/files/media/the_wpg_group_-_second_report_to_creditors.pdf

Cheers.