AAU antilles gold limited

Ann: Summary of Pre-Feasibility Study for Nueva Sabana Mine, page-39

  1. 89 Posts.
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    Banks no matter where they are including Cuba require security of the loan plus more before committing and these are assets must be readily sold if needed. AAU sadly won't make the first hurdle. Maybe a small loan as stayed in the PFS is as good as it gets. As for Trump he is no friend of Cuba and yes The USA consider Cuba a terrorist state. An offtake agreement that includes funding the NS mine is the only option. The problem for Brian for which I sympathise is they are obviously driving a hard bargain. It will be interesting to see the December quarterly report when issued to see how long the cash on hand will last if I recall from the September report somewhere around the end of March. So time is tight.
 
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