La Jolla terminated their funding agreement with INT awhile back due to a lack of market. Basically claimed that trading at 0.1c was equivalent to being "unlisted". This meant La Jolla couldn't sell their shares. So they weren't interested in converting or supplying monthly funding.
So obviously hitting 0.1c will raise alot of questions and doubt about Linds future. But not many alternatives now. Other than like you say, a consolidation. La Jolla were willing to continue with INT if the consolidated. They chose not to and still linger at 0.1c but would have been worse had they consolidated. And they still battle for funding.
Cash flow will start to trickle in to GGP so it might not be that bad (compared to INT), and as Acreage says the may chose to only retain a much smaller lease. Drilling cheap verts on current lease is achievable imo.
Might be a fiery AGM this year.
GGP Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held