Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-7

Really ?

9.8 mill now apparently arriving in May.
Now a US bank account needs to be opened to dep funds.
Payments to begin June or July . Where not sure so will give a timeframe and hope for the best .
The worst part of this is the access issues that have delayed the first part of the PP arriving on site . I'm sorry but I would be furious about hearing this now . I'm starting to wonder if they have ever been to site . And these guys had the gall to state it was "very achievable " to get the PP by end of 2023.
No word on any personal engagements . Have they locked in contractors to make sure they have enough mobile plant to get the site works needed in construction phase ?

The ONLY positive is the adjustment on purchase price but it important to note that that is IF you get the payment as stated in May . Remember this is not the first time holders have be told the payment will arrive and it still hasn't.

Terrible quarterly report . And that doesn't even need a IMO .

TT