Ann: Extension of Voluntary Suspension, page-590

Debt can only be restructured if some organisation willingly puts their hand into their pocket.
If no one participates in that restructuring, then, no restructuring, our lenders have not and will not.
End of story.

With the price of lithium in the toilet, producers are not profitable.
So you don't lend to a losing producer.

There are people out there that want AJM, but at a give away price.
Our Chinese offtake "partners", they will grab AJM, but they want it for nothing.

Now it's all in the hands of the "secured creditors", they will decide the fate of AJM.

Of course "all in my own opinion" (that's the colour of the blood on the floor.