To ur point that Nuncharee hasn't agreed to the loan extension.
Maybe it's presumptuous, but as Nuncharee is the Managing Director of LotusHall Mining etc and as you state have $100M capex committed on drill rigs, I'd have to believe the loan extension would be in the best interests all round & makes good business sense.
As for 'deferring, if necessary, the timing for completion of Chartree Plant #1 overhaul schedule & managingbalances owed to creditors', seems to me this is included as a prudent option under the banner of Going Concernand Material Uncertainty & my opinion only is that it would be a minor time delay if it were to happen at all.
As for a capital raising another 40M or so shares would bring us to about 300M shares. As an absolute last resort, wouldn't break my heart, probably bring some flak on HC though.
Off to the footy now, Go Pies.
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