Ann: Mount Peake Access Authorities Granted, page-16

That's what Gresham were engaged for which didn't pan out.

It has always been this company's achilles heel & the set patterns of where they raised finance in the past will not work for what they need going forward.

It's why someone different with the expertise/experience in raising capital at this stage in an explorer's development, that of shifting to production, is needed ASAP.
But that ship might have sailed only just a few days ago.

One reason to have some optimism however discounting capital raising precedent, is SMS involvement. They've done this before.