They didnt answer my email either, sent a few weeks ago
I think another thing the market might be anticipating is tight funding.
Of the $14m raised, $7.5m went to the balance of Mbelele costs and $0.7m offer costs.
That leaves just $4.5m for Mbelele appraisal/testing and $1.3m for corp overheads.
They've certainly spent more than planned for in the IPO. To date, a variance of ($21.1m) according to the Sept QR.
We'll see what the Dec QR reveals in the next few days.
Ann: Investor Presentation, page-31
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