Ann: Investor Presentation - Equity Raising (May 2022), page-33

one could think badly here --they pay down their debt (a big chunk has been their wages), most probably working at their other companies with asx holders funds. with more asx holder funds, lower the price of the asset so other companies can snappy tom up cheap.. then exploit it for years until the hole is filled and then dump it for nothing..

the only redeeming thing they can do is open the doors as a class 3 and make some profit and push price up -- but seemingly unlikely ... but I hold a bit and I won't dump so I'll hold to see