It's all about these below sentences:
" draft financing proposal and associated draft non-binding Term Sheets......... as received from the Summit Consortium on 28 April 2025 "
" with the Suspension remaining in place until the details, or otherwise, of the Term Sheets are announced. The Company notes that the Term Sheets allow a period up to 31 May 2025 "
KP2 has received the financial proposal to build the mine. Some discussions about the financial proposal are taking place. The financial proposal and term sheet require discussions to be concluded by 31 May 2025, or earlier......and we remain suspended until those discussions are concluded to prevent insider trading.
Yes, we wait....and we closely watch the JSE and LSE for any movement while we wait.
Our announcement could drop at any moment really.
GLTAH.
Add to My Watchlist
What is My Watchlist?
