It's my understanding that the JV had nothing to do with the last permit being waited upon at Lavra. The lavra/dona Maria area was always 100% owned by CDG so it's a bit of a stretch to say to Edifica we won't pay you till we have our permits on this other tenement. Anyways it looks increasingly likely that the debt will be refinanced on more attractive terms sooner or later.
Yes I agree second hand ball mills should not be allowed on the premier gold project. Alas....
It was a nice bit of interest we saw yesterday in the share price. 3c is great support it would seem
CDG Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held