SSC 0.00% 1.1¢ sultan corporation limited

Ann: Peelwood Mine Approval Update , page-12

  1. 13,363 Posts.
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    No offence taken renes, always good to have alternate viewpoints.

    Good to see they finally provide a Peelwood update, albeit late in itself. Something they should have done a while ago when they found out.

    Both good announcements, however it also opens up another question. The only question I have now is funding of Peelwood. They say it "is anticipated to be fully funded from Sultans existing cash reserves", but still don't mention how they will fund Peelwood.

    I can't see that coming from cash reserves, unless they somehow expedite the gold resource mining and processing. That in itself requiring cash.

    Regardles good to see the story is still in progress.

 
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