Have a look at the latest announcement from Cazaly's partner at Halls Creek. They are low on money and they just tried to do a CR . . . massively undersubscribed (they wanted like 1.4m and got about a tenth of that? Details on their doco.
My take is that someone will do something here. God knows what. But they need cash. This will have a knock on impact for us. I cant see us buying it as it is money that we cant spare for something that will sit there and not generate outcomes for a long time
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