Increasing order of bad news and price target:
1. Export permit rejected (bad) - 35c
2. Stage 2 permit impeded (worse) - 32c
3. Stage 2 permit impeded + injunction on Stage 1 (worst) - 25c
However with ATM facility in place and a reckless board and bullheaded CEO, that 25c could be diluted down to 1c in a matter of months!
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