Just a recap for anyone checking in:
CRL cannot relist without doing a capital raising. They have no money, and the ASX does not allow you to list with no money. There is a zero chance this will happen this financial year - so no 30th June write-off's
Its now about how they will raise the money -pimp up their existing projects? Find a new one? And - the macro environment for raising money is the worst it has been for years - which was one of the reasons the other deal didn't get up (as well as it being a bad project!).
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