And they have no committments at all. They can just sit there as long as they like. Have spent little.
In my opinion, the Company has a very limited chance of raising alternative capital at this stage. It is no more than another ordinary magnetite holder, with no port. An MPI project which is expensive and risky. No dso or gold.
I predict a steady decline in share price.
All my opinion of course. But someone had to say something.
