The financing of the mine construction can be seen as a management issue, but it is true that financing is difficult due to US sanctions.
That is probably why they only considered the advance payment offtake contract. They said that the loan showed encouraging results, but it is highly likely that it is false. There is no company or bank in the world that is not affected by US sanctions.
LA DEM's PFS and SCOPING STUDY need to be reworked. They need to be rewritten to reflect the latest metallurgical results. If NS cannot be financed, it means that the company will go bankrupt. So they are probably doing their best to finance NS now.
There may be various opinions or suggestions regarding NS's financing, but AAU is proposing to various partners for NS's financing. Whether the partners will accept it or what the partners will propose... I will not know until I become a director.
The content related to equity partners is only a fragment of many proposals. If it's possible to get financing in the form of a simple loan, I'll do that.
If you look at the content and results of a lot of sanctions through AI, AI has guided the possibility of success with a considerable probability, but the more you look at the results, the lower the possibility, and I think the possibility right now isless than 20%.
Look hard.. The more you look, the harder it gets.
AAU Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
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