I have nothing good to add. They have "all of a sudden" found a way to reduce costs by 50%. Why were they not doing this before they had to issue 2 billion shares? Extremely disappointing. No wonder it took so long to get this announcement approved. It's horrible news for shareholders and is a massive sign of bad business in my opinion.
Ann: $2.53m Capital Raising and Loan Facility Restructure, page-4
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