Ann: Quarterly Activities Report and Cashflow to 31 March 2024, page-11

I've spoken with them (twice).

There are precedents of Aussie Super saving companies - think Pilbara Minerals, Syrah Resources, etc.

Will they cut their losses here (as our major shareholder) or will they follow the same playbook they followed with the above companies?

The only reason I haven't sold and cut my losses is that I (rightly or wrongly) believe that Aussie Super will support the company through this challenging period.

One would think that further equity is off the table - given the company's appalling capital management record, so that would leave the potential of Aussie Super issuing further con notes.