RE:Reverse splitI would say that hindsight is 20/20, however, I've basically been criticising their decisions from the moment they announced plans to take on the two new mines.
In an alternate universe, we'd be praising them as geniouses, but the reality is that their responsibility is to not be reckless and put shareholder value at risk. Taking on those two African mines was a mistake from the beginning. Everything that's followed has been a consequence of that decision.
At this point they need several miracles. They need the loan, that's the obvious first part - but they also desperately need spot prices to not just go back to a stable level - they need them to absolutely skyrocket. We're talking spot prices above $1.3. Without that, they're basically just on life-support forever. They'd need years to finish paying back their debt, and in that time, their mines will essentially just be bled dry.