Ann: Administrators Appointed, page-18

Unfortunately for SHs, there would be zero support for another capital raise.

If you look at the cash burn in the last two years, despite the instance of amateur analysts here that they were “cash flow positive, it’s simply unsustainable.

And to blame hedging as the reason for poor performance is really burying your head in the sand.

They premised the entire operation on a substandard and unrealistic MRE that never stood the reality test.

Marble Bar should never have been built, plain and simple.

For those thinking there will be companies lining up to buy any of it because of the infrastructure is delusional.

There is no “hub and spoke” strategy as all the surrounding assets within 500kms do not make money.

Its been a myth from day 1.

An operation built on pillars of salt and pillars of sand.