Ann: Operational and Corporate Activities Update, page-115

The sell off is definitely insto money. Anyone have access to broker data and can post to confirm?

this leave me to believe the company will really struggle to get any significant insto investment to raise the capital required to (attempt) to bring the plant to nameplate and stay solvent. Taking on more debt would be very risky given the already debt heavy capitalisation, and they may also fail to find a lender willing to provide funds given the risks and challenges the business currently faces.

Without going into detail, the update paints a bleak picture, and whilst still not providing crystal clear information, would be enough for me to make my decision to sell based on my personal risk appetite (if I were holding). Some may have a bigger risk appetite than me and decide to hold, each to their own.

Not looking overly promising here folks.

IMO.