It's the operations which are important. The finance deal is...

It's the operations which are important.
The finance deal is fundamentally a side issue.
It's no good pumping more money into the pit if the model is broken.

The mill suffered a meltdown from trying to push over capacity tonnage.
We still don't know if it is fixed to run at 700k+ or even if the place is making a profit.

If it's still burning cash, then it's good money after bad.
20m is just buying time till the inevitable.
Mid December has come and gone.