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"Agree, all sounds positive but nothing is moving until Carrinho...

  1. 509 Posts.
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    "Agree, all sounds positive but nothing is moving until Carrinho offtake locked away so what is stopping this?"

    It's about high time Lindsay cut the BS and explained to SHs EXACTLY what's holding off on this offtake contract, and a realistic timeline when it can be signed and when fundings are to be obtained, before we run out of money.

    If what someone said here was true about him saying 1-2 more weeks for the offtake at the AGM, there's no forgivable reason for an offtake contract to be this long (5 weeks past guidance).

    It's hilarious that we keep talking about the upsides (which I don't disagree if the construction is completed timely), but nobody wants to discuss about what happens when financing is not obtained in time until MNB runs out of cash again, and 2 financiers MNB are courting either walk away or approve on the loan/investment too late. Please always keep in mind that the reason why financing has taken this long (as opposed to say September 2023) was because several interested financiers WALKED AWAY (read previous announcements where MNB said several interested financiers A LONG TIME ago, only to now pursuing two new financiers that we are now awaiting news). Has anyone thought about that?
    Last edited by riverflows: Today, 12:55
 
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