If this is still losing money even after putting off capital...

If this is still losing money even after putting off capital works needed to keep going, then surely it's decision week for the new MD.

Either dispose of it, or shut it down and put Morilla A into admin. Can't keep losing money week after week, month after month.
Gold still not where it needs to be, or showing any signs it will get to a spot for this to have any prospect of being a going concern.
Hand it over to MEIM and Mali gov if they want to run it for job and contract creation. Or Morrila SA can sell the plant and pay of their creditors.

To again state the obvious it is absolutely pointless chasing 3 million ounces of gold (or a billion) if the cost to get it out of the ground is equal to, or greater than the price you get for it. Any plan to do so will see holders simply exit at any price on open having seen us lose all LLL value to current holders in a cash raise. ONLY chance I can see for this to stay under FFX is if the Mali Gov at least partially guarantee a loan from AfrexIm Bank (Pan - African export credit bank). Can't see it happening as Perth dunderheads wouldn't have thought to source funds from anywhere not Perth,