I don't think there is anything going on with lenders at present, they would be waiting to see some hard numbers, waiting to see what additional "one off writedowns" of mining and development and inventory may be coming.
Remember if they did sell the stockpile, at prices south of where their single offtaker/ shareholder/ creditor is paying..., well that will have balance sheet consequences.
The company has also stated now that the fines circuit which they raised money for again is being postponed. Sounds like a mining plan change - consequences
That is a major change to mining plan, all sorts of things have been accounted for and forecast will need to be addressed/ modified
The accounts will be the place to start for a loan, cap raising or TO, not some announcement of record production, recoveries net of whatever or grand plans for an MOU to discuss an MOU
A40 Price at posting:
8.2¢ Sentiment: Sell Disclosure: Not Held
