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24/06/20
19:19
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Originally posted by ChinaSyndrome:
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An even bigger and much more encouraging take on this is: One of our major creditors who has obviously working on the Project (Who could it be now ?) likes it so much that they would prefer to be paid in Shares (at a premium) rather than take cash. We know that Pensana is currently cashed up, so this is not a desperate grab to recover debts. This equates to around $500,000 and the only companies I can think of that would be in that deep would be: the Assay Labs, the Consulting Engineers (Wood) or the Metallurgical consultants. Somebody has seen something that they really like, and they want a piece of this action. You could not ask for a better vote of confidence !
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You forgot to mention drillers and i was wondering if this new issue was where the selling has been coming but i just noticed that they weren't issued till the 23rd