Didn’t see this update until now. Fairly informative and maps out our way forward with a commitment to update again this week which will hopefully be followed up by regular market updates moving forward
No point dwelling in the past with SGE not supplying barges as it won’t change anything. We look to have found an alternative source that is investing for the future which can only be a good thing
Concerns for me like most at the moment
- how long until we get first barges onsite to be able to bring in some money. Getting the barge deal wrapped up is one thing but we want the actual barges.
- at what rate is our cash burn taking place given all the construction taking place and mining of coal expenses
- do we have enough in the bank/ loan facility (if it still exist) to aggressively push on with all the construction work without having to raise more capital
Hopefully we get a few more pieces of the puzzle later in the week
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Didn’t see this update until now. Fairly informative and maps...
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