On the bright side, lots of junior miners are in deep shit compared to Conti. Their cash burn rate is worse.
If these idiots would have managed debt properly , this situation woudn't have arrived and such a bad time when share price is next to nothing and coal sector is down.
Why didn't they raise capital when share price was above 20 cents and they knew they were getting no-where with vanmag.
Poor management skills.
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