Given the choice (insolvency) this is an OK outcome, just a tragedy that it didn't happen sooner. 2 weeks ago we were trading at 50c. Unless tomorrow's announcement is something very special we will be trading at 30c by the end of the week. The big outstanding issue now is getting the plant up to somewhere approaching nameplate. Without that we are still going to be in trouble ... now just a little further down the track.
Ann: Pilbara Minerals Equity Capital Raising, page-150
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