Quarter of a billion dollars ($250,000,000), of shareholders money !!
PLUS Lilac are most likely in the hole for $50,000,000 spent thus far.
Still no power on-site.
The term “White Elephant” is an appropriate and suitable description of this Kachi project.
https://en.m.wikipedia.org/wiki/White_elephant
IMO DYOR
Ann: Extension of Share Purchase Plan and ASX Waiver, page-73
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