Ann: Results of Meeting, page-4

AGM feedback

Very small attendance - obviously expecting more given the space and No. of chairs.
No questions from the floor but CR and MF very accessible for a chat.

Cap Raise is GO - money being paid into escrow now.

New CEO recruited and should be announced at or soon after EGM (Jan 4)

Re-list expected within a few days of CR Tranch 2 approval/completion (EGM)

Plant is running at reduced capacity to reduce cash burn until CR finalised. Plant is ready to go.

Wages etc 'being paid'... - not sure what that meant.

The GRE dispute may be resolved H1 2018 if a negotiated settlement can be reached.
That could be 1-2 years later if it is slugged out in full court.
Settlement is the preferred option.

They're not expecting the SP to plunge on re-list but MF said many larger investors are looking to soak up anything that's dumped.

They are confident that the drilling program is delivering the goods.

IMHO, if there's enough cash to get the operation going, the plant is now fully operational and there are good reserves to mine, there's no reason why we can't be making good profits by mid next year.
We just need to be patient.

Roll on January!!!

May the New Year be prosperous for us all!

Merry Christmas

Pelych

DYOR