Ann: Smarts Underground Development Approval, page-29

Investec were paid in full their US$120M loan and this funded the 1MTpa mill & 6 mines around Karouni

Im sure Ken has had meetings with them to fund the UG, a world first in Guyana.
I think a much smaller $20M should do it taking 6 months but they will want to see the JORC and drill hits & mine plan

A loan deal would shock the unbelieving market and Ramcap/Zijin for sure.
I remember Ken has always gone to debt preference over equity.
If market realises in 6 months ebitda will go to us$40Mpa and self payoff that loan that will inspire the next bull run on here 6-18 as usual.

way oversold imho..
market doesnt believe in the team or the UG or Ken but soon will.
Yep sellers down here have been duped.
Looks like a cheap t/o play to get the assets for nothing but may be a sad mistake once again.

selling at lows is always a bad mistake
Trading Rule 1
buy at lows, sell at highs