It’s the only way they will get through without a catastrophic...

It’s the only way they will get through without a catastrophic capital raise.

If someone is willing to stump up a decent lick of cash, they will have no choice but to take it…..and why not.

Would be the best news all year by a long way.

If it is a cash sale of Pirra assets, the buyer will certainly know the CAI predicament and will not be playing nice or generous. That is unless there are at least two parties at the table with a cheque book?

One would hope min $5m but realistically, couldn’t see it going for more than $10m. Either way, it would be a welcome injection for now.

Fingers crossed.