The $10.1m US was approved back in November and they are still saying it will be paid sometime in 2024.
What a joke and IMO the main reason most investors don’t want a bar of Lucapa.
So there is a likely hood of some sort of CR being required depending on when we see these funds.
If we get diluted again because of money owed to us not being paid in a timely manner I am out after holding for well over a decade.
I will take a huge loss but if they haven’t been able to sort out this on going issue by now then it’s probably never going to happen, whether we discover a source pipe or not.
I’m completely over this and unfortunately I can’t see a light at the end of the tunnel.
All IMO.
Ann: Quarterly Activities Report, page-5
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