I agree, putting aside thr management issues, the value isn't bad for the resources.
I feel bad for those that got in at the high. its unfortunate, but there still might be value in this thing ..albeit it might take some time.
BLK was undercapitalised from the start. Raising $52m to date isnt great amount of money, esepcially given how much explorer type companies tend to raise. While we will all get diluted i yhink longer term this might be a good thing.
Has anyone looked at the feasibility of the stage 2 expansion so we can make an informed decision on the CR? I must admit, i havent and need to spend bit of time understanding the expansion.
we should also take skme comfort from the fact that Delphi are still in this and underwriting the raise. They i suspect woild have done teir due diligence on the project, so will any lender.
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