wave3andabit not sure if you are just mimicking mech or are serious with your post, I’ll give you the benefit of doubt before putting you on ignore along with the others.
“no guarantee of funding”
True, if you want a guaranteed return, put your money in the bank. Given all the reasons chuk has provided & outlined in company reports etc, I’d say there is a very good chance of funding. That’s just my opinion, you no doubt have done more research into this than me ??
“no offtake”
It is true we need an offtake to satisfy the IDC CP. However Carrinho have no choice, by Presidential decree, than to buy from us. Given the imported products are more expensive, wash out within a season whereas our product lasts up to 4 seasons it’s a no brainer for Carrinho to buy from us anyway. Not only that but they are building another plant 3 times the size in Zaire province just south of Cabinda. Given the importance of fertiliser to their business plan, there is no way they won’t sign an offtake
https://www.carrinho-sa.com/Industria/Page/en/1#next-section
Ann: Results of General Meeting, page-125
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