new ann, page-29

im saying it is dangerous to rely on a project generating enough cash to service commitments so shortly after commissioning.
The balance sheet might need to be repaired, they are obviously running very low on dollars.
Flogging a dead horse here but i find it strange they have raised contigency funding multiple times....that tells you they are exhausting previous contingency funds...
each time they've raised funds they follow with the statement this will be enough to get us through to commercial production with a contigency etc....
my point is they've exhausted a few contigencies and are yet to get to commercial production
ie: things are not going as smoothly as planned or management have miscalculated.
Amusing how holders cannot acknowledge this fact, they just attack the poster.
might well be a great asset, but they're cutting it fine at the moment