According to the recent EGM the company has up to the 30th Sept...

According to the recent EGM the company has up to the 30th Sept to pay for the balance of Mashala.

Given non core asset sales take too long (DD, legal documentation, funding, govt approvals etc) and Vanmag remainiing very questionable it only leaves a CR which would have a enormous dillutionary effect.

If $8m is owing they would probably do a $9m cap raising, leaving some working cap dollars.
At say a SP of 5 cents, this would require 180,000,000 new shares to be issued. With 430m currently on issue you can do the maths on the dillution! Thats even if they could put a CR away at 5 cents.

Mashalla cost $65m, CCC market cap is $21.5m (@ 5 cents),
ceratinly appeared to be an expensive investment!