Just a few points of note;
$27m + to complete the mine.
$14m + in collateral debt.
BMCG can issue a default notice at any time to recover $2.9m due to the company being in suspension for longer than 5 days within a 12month period.
Suspension won’t be lifted until the company has the funds to complete, otherwise a scale down of operations will be required.
This is dire.
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