the good bad and the ugly

Why hasn’t the sp moved ?

Let’s first look at the Good Bad and the Ugly

First the good:
Inl finds the finance on good commercial terms (happy happy )

Second the Bad
Inl cannot achieve the above (not happy ) so what are the options?
MQG at what price? (they would want options, and or rights.
JV ok, but then your not your own boss and then you dilute your profit potential.
Cap raising (out of the question )

Third the Ugly
With little to no cash, all assets turn into liabilities ie;
Newcastle
Hellyer
Eafd
Loans
Infrastructure
Staff

The last option is abhorrent to me as well as all concerned, but it is a possibility unless the company gets a move on.
While I am very exited by the possibilities of the latest announcement, nothing is set in stone at this point in time.
And that is why in my opinion the sp has not moved.
Good luck to us all.