I reckon that initially, there will just be some deals done with...

I reckon that initially, there will just be some deals done with other companies whilst Wiluna is on C&M. IRC, BLK, DGO, PXG, maybe. Maybe just some monetising and flexing until the real deal can occur again.

don1, some of these companies that are shot to pieces can only get money raised at certain levels. It's only going to be the "early movers" (the new money) who will capitalise on this initially- and for those in earlier- who knows if they'll ever get their money back. However, the company will have no debt and a bit of cash, new management, and probably a new way about it. A couple of other companies in trouble- MBN and HST- will probably be looking at similar dilutive raisings, imo, but their problem is debt, and AXM won't have that. If the new mob can sort out how to lower costs, I can;t see how they'll go under.

I'm only late to AXM, so I'm a little more positive.