They had to start construction or be mining by a certain date
GBE were never going to make the deadline
delay delay delay
this just allows more time as the MDA had a deadline to adhere too or it lapses
this makes it still valid
ita a shame the funding arrangements are just not happening as it should
sure... a Malawi bank will finance some of it
but in the real world is that worth anything to the business or made any difference to the share price
hell no !!
they need proper finance deals and offtakes with good cash advances or something
that would show confidence to the market
that this is happening
because all im seeing is delays
and more delays
if they had the money
they would be mining by now
its clear the finance is a big hurdle
otherwise wed have construction well advanced
and we won't !
heck I'd even jump on the welder and start fabricating some of the structural steel
just to get the ball rolling a bit quicker
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