EMH european metals holdings limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-3

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    Not bad that we haven't spent millions in remuneration? Remember that CEZ's 51% buy in was supposed to cover all costs to FID and yet we've already raised 6M+ to sink into the DFS, which is a no show. Pilot was years late, not really the supposed highlight of the quarter. Extension seems meaningless unless somehow further DFS delay will be explained by it when we get to the end of this quarter. "Sorry guys, we realised we want to start with higher capacity, maybe another year or 3 for the DFS." I know this last one is a stretch and cynical, but is it really?
    Last edited by Monad: 31/01/24
 
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