it’s a good question. I was looking at Sundance’s situation (I know it’s a different country and slightly different circumstances), but they weren’t able to access their debt conversion agreement, as they were in suspension, and circumstances had changed. Bit worried about the cash burn. Think the co really needs to trim the spending and some pay cuts would be handy. Need to be hold out in this battle.
AVZ CEO proposed paying Congo middleman $US6m in cash, shares to help obtain lithium mining licence, page-144
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