You are missing a third scenario - a renegotiation of the RCF terms.
From my perspective i’d like to see immediate funding gaps resolved. A deal that will get us moving.
I’d also like to see them always give retail shareholders an opportunity to participate in cap raises, on the same terms as sophisticated investors. Unfortunately shareholders may not have been supportive this time ( I guess we’ll find out next week ).
Ann: Trading Halt, page-12
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