As the major creditor I suspect Byrnecut will end up owning Challenger and probably also takeover the WPG side of the JV with Tyranna. They might be more interested in retaining Challenger and operating in JVs with Marmota and Tyranna, even if it means mothballing Challenger until the deposits are ready to mine. They were owed something like $15M by WPG, and surely loaned the money knowing there was a reasonable chance WPG would fail and they would pick up the assets.
Kairos -Trading halt, page-20
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