Class Action Lawsuit...Contacting Lawyers This Week, page-22

For example ajm currently has 3 billion shares. Let's agree to a CR with an option for current shareholders to buy 2 new shares for every one share they hold at a price of 3.5c per share. This will raise about 210 million dollars. Let's suppose only 50% will apply, so about 100M that repay almost 40%-50% of the 240M debt.

moreover Shasan and Ganfeng (or any other interested party) could offer the rest 140M signing a prepayment vs future deliveries with a x% discount on the market price.

or ajm issues a 1sf lien bond prorata to existing shareholders or new financiers for the shortcomings of the CR and the off take agreeents with a rate of 9% and maturity of 5 to 7 years. This bond would also be negotiable on ASX.

for all the above ajr could entice buyers and holders with 5 years warrants with a striking price of 10c.

moreover they could always agree to keep a portion of the older debt after the refi of the biggest part of it as exit financing with reduced interest and prolonged maturity period. Or they can arrange for a smaller loan with a commercial lender on 1st lien terms or as a part of a sale and leaseback agreement.

they could also try to sell royalties on lithium or on gold production or try a farm in for gold etc etc...