This suspension has been frustrating for all holders but there is no solid evidence that the outcome will be bad, or good. Yes, the mine's inauguration seems to have been delayed but that was not a formal company announcement.
The company has made progress on the construction (contrary to some posters' thoughts) as there is a bridge and road to the mine site according to photos uploaded by the company.
We just have to sit tight and await the results. The IDC loan is still on the cards as we haven't heard otherwise and we could be unboarding a new cornerstone investor - we won't know until the suspension lifts which I hope is next week.
Ann: Capanda Green Ammonia Project Update, page-398
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Last
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Mkt cap ! $47.58M | |||
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