Ann: Abra Production and Operations Update, page-15

It's not like people haven't had enough warning about this mob...

Debt restructure coupled with an epically dilutive cap raise (3c?) to cover debt repayments for the next 9-12 months, while Taurus shop for a buyer to clear the balance of the debt. Retail about to get absolutely rinsed. SOI to the moon. 32M of debt repayment in 12 months was never possible, it was such a clear red flag. I have said before the equity value of the company is zero. It is likely less than zero now as Taurus / Regal have realised there isn't a buyer at a price to clear the debt.

With the pending SOI uplift what price are people really thinking this gets to that it is even worth a reload / average down?

There is no micro bailout coming with this team of monkeys, there is only a macro bailout. If you believe in the macro then you should just be long Pb and Ag.

In the words or Iron Maiden, run for the hills, run for your life.