Remember Porky's song & dance about production by the first quarter of 2023. Well, what's Goldvally concerned about - surprised they are still in there - but that still doesn't mean they'll sign. What if they don't will that create a liquidity crisis .When did Goldvally advise they were not proceeding & required an extension, what day exactly, and why wasn't the market notified immediately? So they have said they had two lots of funding, one international & one local . Well, they only got one now & how is that going?
By the look of it, they certainly are spending money now, one wonders exactly what is coming in the door to pay for it all.
Ann: Kat Gap Drilling results and Goldvalley extension, page-27
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