Ann: EPCM Contract Update, page-31

  1. 365 Posts.
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    Starting to sweat...

    Assuming all those 'advanced discussions' were sweet enough to commence work with the expectation funding would obtained.

    Funding has not been secured so the work stops. Yes foreshadowed but still alarming all the same.

    Selling ore compounds the fear. Buying time? Doesn't this give a potential financier more leverage in a deal (knowing the dire position of the company to stay alive)?

    Surprised the SP didn't dive, not wanting to jinx it.
 
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