Marcboro there will be a lot of people on here that would love to be holding at an average of 23p. As others have said that a loss will only occur if you sell at a lower price than you paid. This will exceed 23p in the not too distant future. If it helps I'm showing a paper loss of of over 4x's your investment but now funding is announced the mine will proceed to be built and the SP will rise over time accordingly but may in the short term drop lower. Good luck and don't panic!
If we have been working on the stage 2 finance package since 2016 then the banks that we have been in discussions with over that period have all invested a lot of time and resources (=money) in them. They will not be happy to see all that 'investment' be lost to a new lender - perhaps they may have a rethink or is it too late for that?
The Company is working towards obtaining firm commitments for the Alternative Proposal and its additional financing requirements before the end of April 2019.