My guess from the language in the report is that they're working on a DOCA...
"The Administrators are currently and will continue to work with the Company’s senior management team, secured lenders, suppliers and offtake partners whilst a recapitalistion proposal is being developed, and will maintain regular contact with all key stakeholders throughout the process. During this period, the Administrators intend to maintain operations on a business as usual basis."
[emphasis added]
However, I do not believe a DOCA would be of any (material) benefit to ordinary shareholders.
KBL Price at posting:
0.2¢ Sentiment: None Disclosure: Held
