How much lower will this dog go?
If IOR only produces and sells 20,000 tonnes this quarter it will be the final nail in the coffin as they'll be burning cash so fast that another capital raise will be on the cards at 5c or less within months.
I guess its like standing in front of somebody with a gun and wishing that the bullet doesn't hit you when they fire. Not much success rate in that sort of risk unfortunately.
The New NSL, page-49
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