offtake.finance delay.flory comments, page-7

re: offtake.finance delay.3h Further good weekend discussion posts on the why's and wherefores of the offtake announcement delay.

By virtue of the slow release recent announcements , perhaps the orderly process is:
* Byrnecuts appointment as Mining and Construction Manager could have been by agreement with Aim and the Offtake partner(s).The design/mining/construction/ production costs may well be part funded by a capital contribution from the Offtake partner(s) as part of their overall zinc delivery Agreement,and this would be the process that would establish this "X" capital factor.
What they contribute in capital costs will be then be factored into the ultimate offtake per tonne/llb figure for the zinc.
* The Banks may have insisted on ( or at least have been more comfortable with ) sharing the up front risk with the Offtake partners .Having concluded what the Offtaker(s) "X" capital contribution is, this would reduce the balance of the total Financing commitment, and determine what the banks will debt fund and what shareholders will need to contribute in further equity.It would also would provide the Banks forward cash flow projections for the zinc at the reduced ( capital injection )price, to satisfy their commitments.
* Some good news initial drilling on the Mumbwa copper/gold /uranium front would be very good for the shareprice and make the capital raising much easier , with less new shares at a higher price.Those early drilling results can't be far off ???.
*Nice little compact story for Mr. Flory to trot out at the two forthcoming Sept.presentations.

Now just on three weeks to those Presentations, and I would have thought our endless theory attempts and infinite patience may finally get some definitive and ( rewarding!!!!????)answers.
cheers