Well looks like today provided some clarification on the rights issue. I was thinking of taking up some extras but thought there may not be enough to go around, looks like i was a little wrong.
At least it looks like the capital raising is all but finalised now. Really need that mining approval from the SA government as I feel once this has came through the company has no reason not to be all guns blazing on getting stuff happening.
Mining starting in September as stated in the announcement today is a thumbs up, but shipment 'likely' to be before years end? Bit confused by that comment as I thought they'd know how quickly they can fill a ship but maybe i'm reading too much into it.
Wouldn't it be great for a mining approval surprise before end of financial year? Don't see it happening but boy would that be awesome.
no more delays, page-5
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