Ann: Trading Halt, page-78

Absolutely correct Borrisbb. Management have always under promised and over delivered. If it was that bad they would be waiting till the end of the month to exhaust every option to get the best outcome. Remember Management are the biggest holders and will want the best outcome for themselves too. They did say they were pursuing different avenues and that the loan may not even need to be drawn on. If you put all this into account this announcement could be a favourable term loan, pre paid spod shipment or many other option's. For all the doomsdayers out there, there are also massive ESG funds, OEM's, Saudis, battery manufacturers outside of China looking for product not tied to China that are looking to support exactly what LTR are doing. We don't know yet but the way this trading halt is written and like you say with time on managements side it doesn't sound like gloom to me. Management aren't ones to mince their words and if it was a capital raise it would have been disclosed like every other company CR announcement. We'll all find out Thursday anyway.