RE: Down The Rabbit Hole16 Sep 2025 16:25
Shares taking them up to just shy of 30% (but under Rule 9, the BoD can relax that if you swap assets owed for shares).
14% new Ounces taking them up to 2,550 Troy Ounces owed.
Combination of both, above.
New investors coming into help GRL wipe out the AIMS liability (that needs an GM and voted on), and a full blown restructure, probably meaning AIMS relinquishing their Secured Loan Status.
Loads of options. All very reasonable and gives a multibag opertunity from these levels.
I also believe the next Operational Update will show another material increase in Ounces produced based on improved feedstock going on to the Leaching Heaps. But that's just my own hunch.