Current assets
are overrated. They tend to deflate rapidly once a company gets into trouble which LGO clearly is on its way to. Bushveld again is a prime example as they had one of the largest, if no THE largest (~300Mt) Vanadium resource(s) on earth on their balance sheet but had to basically give it away for a song once money became tight. If you rely on balance sheet assets you'll tumble into the abyss just like Bushveld did.