I read today that Timis provided 70 million in working capital for Marampa (formerly London Mining Marampa).
Why would they need 70 millions? Well, probably all the cash in the bank was used to pay some creditors and staff and machinery need to work.
I am questioning what will happen also with the news of the suspension. It would be nice if we had more info from the company we are invested in...but African minerals is an entity to themselves and are not gong to help CFE shareholders with info. We are always the last to know anything.
CFE Price at posting:
10.0¢ Sentiment: None Disclosure: Held
