asf,
if you had the money would you take over this company at these levels?
the answer is NO.
They have crippling interest on their substantive debt, so a capital raising will save on the interest charge but will also involve massive dilution. A resource that is 3x as large, just means it'll take 3x longer to mine it out and accrue 3x the amount of losses.
panic button is pressed, page-11
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