The real risk in my opinion is funding Sembehum mine. Right now we are cash positive. Once management takes on debt (or hopefully a joint venture partner) we are saddled to the government of Sierra Leone.
rutile prices no doubt will rise again as the global economy improves or more supply leaves the market .
only 800k has been sold off today so fed up share holders or panic sellers.
nta is still over $100M USD
Ann: Quarterly Activities Report - December 2023, page-10
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