Yes cudeco. Right before our eyes with only 75% of wanted 2 million less broker costs 6%. It will pay wages for a while yet and they can go to school and learn more on the old proven chlorination processing technology - locate refinery site.
Big shout out to Malawi Govt. This result is what occurs when risk - uncertainty remains a constant for a very long period.
Thank goodness our management have been instrumental over the years at being prudent with expenditure whilst still progressing key changes to operational aspects - and raised previous finance internally through BT with zero costs.
Hard to get excited about new strategic investor but we'll see how that translates post MDA and future capital raises. They have dipped their toes so to speak but cautiously initially.
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