I would hope that we shall get some clarity by way of announcement from the company, at the conclusion of the current capital raising and lifting of the trading halt.
As the others are reporting, the buzz seem to be that this should happen in a day or two.
I am definitely not an expert on mining operations or mine related accounting, I am just trying to apply some common sense and general business principals to what is unfolding.
Having said that, my suppositions and conclusions may be completely wrong.
KMC Price at posting:
3.4¢ Sentiment: Hold Disclosure: Held