Okra contact the company and see what response you get if any at all.
The truth of the matter is the funding is the key to the development and from what I can only surmise from the reports the company provides is that it is being drip fed funds,and not $15mill a quarter as we were initially led to believe would be the case. The fact that imperial is on care and maintenance and there is only 1 team of 10 working on the
central mine certainly indicates in my view that things are very tight budget wise IMHO.
"The current plan is to advance the refitting process by 30 metres a week utilising a single mining crew of four underground operators, three professionals and three
maintenance personnel" Half Yearly 17March 2014
The company is not publicly advising how much of the current $30mill outstanding it is receiving monthly, nor has it advised if it will receive the $15mill payment due on 8 April, as per the schedule provided in the report on the 4June 2013.
DYOR My thoughts and ramblings only
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