shocker, page-4

Interesting to see the wording of the statement refers to "not meeting its investment goals" which is a direct reference to the clause in the PDS which allows the directors to change manager/shut down the fund. Assuming the fund is now mortally damaged, the outcomes are : sale of book to a bank (at presumably less than NAV), run down of book over period of derivatives (at presumably less than NAV given that counterparties know Goldlink is on the ropes). But given the share price is probably less than half the NAV, its probably not bad value