If gold keeps on the boil, how is it not possible, that a low capex gold starter like NS, could not get lending ? From somewhere. Anywhere. eg. BRICS ?
"AGI has received Expressions of Interest for the provision of short-term (3 year) loans totalling ~US$20M, and has initiated preliminary negotiations with the potential lenders. • The above approach to funding Nueva Sabana will be more challenging than a prepayment that covers the majority of the mine construction costs, but negotiations to date are encouraging."
If we dont, is it the jurisdiction ? or is it the incompetence of management who is engaging with lenders ? Any finance in place, and we can start to become a real boy, not a wooden puppet.
AAU Price at posting:
0.4¢ Sentiment: None Disclosure: Held
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