Read the announcement associated with the last cap raise.
The money from the last raise was supposed to get them through to end 2021. That raise was to enable final draw down and provide operating capital required because of ramp up delays.
Revenue is now pushed out even further. They will run out of money without a raise.
The lenders will be asking questions.
If the situation is like it was at KLL, a full independent review is possible as is an extension of the suspension.
Expect a very detailed presentation before suspension is lifted.
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Read the announcement associated with the last cap raise. The...
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