I’m not worried about loan costs because I know we need them but I’m worried because management took less amount and they have not outlined how they will manage it with that amount or they didn’t given us more information so that we can calculate ourselves.
Let me give you example what we need, let say boom boom started on 01.11.23 and they start putting higher grade ore from 15.11.23 and gold production increased to 5-6k per month from plant 2 then we expect the increase cash hit in our account first week of jan 24.
Plant 1 estimated time of completion end February and thai government needs one or two months for approval, production starts first week of April 24 and we will get the cash in our account middle of may 24 and then we live happily thereafter.
Cost will keep rising as we go and we need money, so get 50m loan or sell NE then I will keep my mouth shut or outline how will you going to execute then I will keep sleeping.
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