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384 Posts.
66
29/07/21
14:05
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MA saying "it should be possible to issue shares in SpinCoy by the end of the year" subject to
- Chinese Govt approvals
- doesn't expect any of the CPs to be a problem but take time
- transfer of Goulamina license to new company
- Lawyers taking longer than preferred
- currently recruiting for the management team to be located witin the FFX office
- value engineering has commenced with GangFeng
Time line coming in the "very near term".
MA still confident of MCap of $1B for each company
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