Hi spid81 I hope you are enjoying the MRC fire sale of its premier asset that was going to return the company to profitability…Really poor understanding of the situation in your case…
Lindi can clearly demonstrate how they will be able to provide funds from operational funds…They have plenty of funds also for working capital which was $11.2 million at the end of March…
No cash raise lunches on the horizon…30% of free cash margins after debt servicing is as good as it gets…The project is already demonstrating it will be able to provide a saleable product where a tweet mentions it as extremely valuable…
Regards Croc (2 Ports and 2 Roadways for operations…)
Ann: Development Progress - Lindi Jumbo Mine, page-4577
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