BSR 0.00% 1.3¢ bassari resources limited

Ann: Makabingui Gold Project Funding, page-7

  1. 541 Posts.
    lightbulb Created with Sketch. 425
    At the AGM I spoke to Alex about the decree
    We don't know whether the bank has imposed any conditions re the decree but my interpretation of Alex's reply at the AGM was that it was necessary to have the decree in time but it would not stop Bassari from proceeding on the path to production once finance was arranged - he cited the same situation has applied before on other projects (many millions of dollars spent on proceeding prior to the decree being issued)

    This is an expected, but still very significant, box ticked in a way which does not dilute shareholders investments.

    Cheers
    IO
 
watchlist Created with Sketch. Add BSR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.