news released, page-11

The one asking for money is ALWAYS the one being squeezed.

You have a valuable asset and need cash for equity the valuation is always low so i know whose balls are in the vice albeit gently i suspect.

Pertinent point is Glencore are still putting up the cash and will either do equity or loan more than likely.

Don't mind either way although a decent equity deal would be more positive short term however longer term as kitumba comes online the equity deal gets better and better for Glencore.

Not many projects go through without cost overruns these days. Most are victim to escalating prices and some are outright price gouging.

Only ones who deliver projects on time an don budget are the ones whop can afford to budget for every plausible and not so plausible item and include a significant contingent for unknown costs.

Still happy holding and also in it for the copper.