Spoke to the CEO. 60% of the capital raised from unsecured creditors and secured creditors are currently negotiating but positive progress being made. Full focus on getting the company listed with 2 months. One of the best graphite mines in the world so once everything is sorted Valence has massive potential as they are understating their reserves. Expect an announcement with 10 days.
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- Ann: March 2016 Quarterly Activities Report and Appendix 5B-VXL.AX
Ann: March 2016 Quarterly Activities Report and Appendix 5B-VXL.AX, page-19
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