Actually, in hindsight, administration may not have been the worst option. It doesn't always mean the end of the company, especially with an asset like Rincon.
However, to survive it would have meant large dilution and the end of those directors, which would have been better long term but you can see why they'd want to avoid that!
Anyway, that's in the past. As in the other post, I'm more interested in constructive thoughts on the near to mid term future.
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