Fulang66 to date there is no evidence the dam has been repaired…This was supposed to be a simple fix and no announcements have been made even though it was a price sensitive announcement… The situation makes me nervous for long term holders who were previously doing so well before the take over…The project has not reached profitability as per the life savings cash raise announcement informed…Only bad news one after the other from my reading
Does anyone know what security the joint venture partner offered to secure the US$10 million dollar loan…? Is there any reason a new fleet of vehicles has not arrived…
If the dam repairs are not completed soon enough this is going much lower imo
Regards Croc
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