Ann: Variation to Loan Agreement, page-32

Mkt cap is pumped up like a hot air balloon with ~1.2Bn SOI x ~5c = $60M

Loss making carbonate, NOT Dysprosium, ultra low grade resource, skinny mine life, easy to make a case it's worth <$20M.

Hell of a lot of risk this 5c spec could be selling 1 - 2c shortly, as losses are quantified.

Have a good look at how the Lind funding is working for one thing, that will quickly dry up without the ability to offload stock given declining values. Probably due another laundry day soon, good for a sentimental Bintang.