Fair call. So might ultimately get to somewhere in the order of 15-25B SOI. Eye-watering stuff.
Last quarterly they had $19M in available financing but I cant see it being available.
0.001/share = $15-25M. Completely unworkable.
Do you think they'll be allowed to consolidate at say 1000:1. Or do the receivers get called in? That appears to be the play from here, some 'angel investor' pays off the debt at 5-10c on the dollar for 100% of the project, and shareholders get zero. Same as GMK up at Meekatharra back about 10 years ago.
Fair call. So might ultimately get to somewhere in the order of...
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