As a shareholder, I have read the quarterly and understand we are funded for another 3 quarters, not 3 months, 3 quarters!
We (and USDFC) are still waiting for Abu Dhabi to conclude contracts hence identifying the entity which is investing in the UAE side of the project.
Looks like we will get cashflow from mica concentrate sooner rather than later.
I still firmly hold the view that LPD is a billion dollar company in the making.
I will now go back and ignore the noise on HC until the company announces further progress.
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-7
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