Did your mystery friend give you an idea as to how much would need to be spent in the short term just to prove up a mineable plan?? Not a ASX compliant JORC.
Just the bare min to even start mining anything??
I'm going to say around $6m. Which means they already don't have enough money to get to mining. But will still have to make interest payments. I wonder how they will be paid. Issues at Vwaps?
Ann: Drill core assays significantly increase Cu grade at Moubiri, page-47
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