re: Ann: Maiden Ore Reserve at Productora Set... We need to understand what all the "conditions precedent" are - in full - before we get too excited. We have a long way to go (50% rise) to even just get back to 45c.
I note however, that Management are determined to have the finance conditions bedded down before June 30. Lets wait and see. I know of another company that locked in finance subject to "conditions precedent" back in June LAST year...it still isn't finalised. Shareholders there and still don't know what all the "conditions precedent" are. Its a woeful situation....11 months and dragging one.
I will wait and see on this one.
Ann: Maiden Ore Reserve at Productora Set for Str, page-39
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