Ann: Cabinda Phosphate Finance and Sales Update, page-778

"Good luck with drawdown BY July
IMO "

Well you also had opinions on the company being out of cash in March meaning a cr was imminent, a cr below 3.7c and that there was no chance the SWF would invest at all and at another time that if SWF did invest, it wouldn't be at the agreed 8c valuation. Thankfully for shareholders all of your recent opinions have been wrong.

In any case I think that just a loan agreement from either bank by July or even by the end of July, confirming a drawdown date would be very well received by the market. That sort of news together with the ramp up in construction pace that it would allow, should lead to the sp breaking the December 9.5c peak pretty quickly.