Sorry Panda, But a number of problems with your scenarios.Let's...

Sorry Panda,
But a number of problems with your scenarios.
Let's discuss some.

First one , how much money needed ?
Remember , it needs to cover until the end of 2024.
At what price?
A 5 for 1 at .5c will raise 50 million , how many people will be willing to put their hands in their pockets to the extent of doubling their present exposure?
25 million , add half their exposure?
Would you?
If you think half a cent too harsh , what would it trade
at if not suspended tomorrow ( half a cent is
being generous in my view)?


The banks are better off putting it into admin, then liquidation trying to sell the project as a whole.
Better chance of getting some their money than trying to preserve shareholders.
Admin by the end of the month.

Neither rwd or amn or bci for that matter , have tried for project finance as far as I am aware.
Hard to see any getting it now , but if there is a new process, or if someone solves floatation , industry back on.
Least likely outcome is that present kll shareholders will be involved . KLL is a Norwegian Blue


On better, richer deposits closer to the coast , where might they be?