There's no way they can wait for the li price to recover next year, there was only 2 Qs of cash left on the 31st September.
It makes sense that there would be a CR sometime very soon, the only hope for me was the bizarre interview Terry gave, perhaps theres a strategic investor lined up to take a position at a premium. Otherwise were looking at an ugly amount of dilution to keep the lights on, there's surely no way any glencore associated deal gives us the funds without a much healthier cash reserve.
General Discussion Banter GLN, page-13770
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