IMHO this is the one worth the risk to hold over a weekend (and more). There's higher chance that we'll see the announcement about the agreement with creditors or deal for Whyalla, than breaching the covenants (because if they're not breached now, we're almost 6 months away from the next test).
With all the dumping and price dive, VWAP for the day is still 2.3c. I increased my holding at 2.1c, and by the look at price/volume trends this might still finish the day at around 2c, and then hoover above once the dump is over.
ARI Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held