Josh the only straight up recommendations that can be given now, is to ensure that staff and admin cost do not mop up a bulk of the cash here. I think that is playing here. This thing is positioned to re invest the tranche 2.
Which some might like but many won't. If they are looking after the shareholders here. Directors should resign to the bare minimum on low pay. Staff needs to go. Pay all funds and capital back on the two tranches, keep the shell and do a CR after, if the they are keen. Then the shareholders get the best outcome. The ones that like the new project AND the management can then tip new funds in. But stay out of Africa! AIMO
Ann: Initial Funds Received From Sale of Goulamina to Ganfeng, page-75
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