Thanks juggernauts,
I’d forgotten about the escrow.
the cash flow says they’ve got enough to continue for some time as is.
ive now read the rest of the quarterly and they are spending a lot of time, effort and $ on Paulsens, so one would expect that they do intend to proceed. Don’t know why they don’t just say so. IO price been ok for a while now.
they intend to take prepayments with offtakes that they will announce with the decision to mine. Interestingly, no timing on when they intend to actually make that decision. I see no reason why they couldn’t do that right now. But clearly they won’t.
a very frustrating investment.
Cheers
ned.
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