Ouch. That really ripped the bandaid off! Some interesting discussions between Board and Auditors I reckon, over solvency and Going Concern, with 30 June not far away.... Hopefully Delphi is supportive, I guess they've sunk so much in, they have no choice now but to keep chucking money in. If Admin called shareholders will get nothing with $50m debt and hedge book at minus $50m. GLTAH
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- Ann: Wiluna Operational and Corporate Update - May 2022
Ann: Wiluna Operational and Corporate Update - May 2022, page-6
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