Possibly. Need a complete change out of managementIMO. A CR under the same mgmt. is simply throwing good money after bad - these guys are promoters not miners and the game is up. Miss-timed and miss-managed.
Someone like industry heavy-weight Luke Tonkin who has done a sterling job reviving Silverlake. Go back to basics, focus on the operations, start small.
Shareholders will need to bare a lot of pain between now and then.
BLK Price at posting:
18.0¢ Sentiment: None Disclosure: Not Held