Ann: Administrators commence recapitalisation process, page-221

I'll never understand how Alita went belly up over ~$40m debt facility when Altura owe hundreds of millions and had an offtake partner go belly up (JR Optimum), Pilbara also owe hundreds of millions too, yet Alita with the minimal debt and best quality spod cacked it. We really were run by monkeys that had absolutely no idea what they were doing. The only consolation here is that MC will lose all his shares like the rest of us