Depends how you see it Delta.
The way I see it, Cleveland were a junior, who were not going to be self funding for a number of years. It is unrealistic to think that they could survive without further cap raises in the short term.
Being tied to Platinum meant that they could not go to the market to top up, which was their downfall.
I think they would have made it, had they had access to further capital. Their ore body is an extension of the mine next door, which happens to be one of the largest gold mines in Brazil. But that stuff doesn't dig itself out of the ground.
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