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Ann: Suspension from Quotation, page-159

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  1. 21,764 Posts.
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    @chuk

    $10m plus will be required for running costs for 2024 alone - possibly more

    $40m for construction and with new contractor - delays and CAPEX

    If CR is under $18m or so - then one would anticipate that some of the 85% will have to be offered for one risking their capital

    Cant see funding for $40m without equity or % of project offered

    Maths - so around $50m will be required before production ( running costs and construction ) for 2024

    Good luck with your loading up with the CR - $25m at 11c helped lights stay on and keep dreams alive until now and still have no money in March 2024 - before next weeks reveal

    This is far from negative but reality of what has happened and what is excepted to happen

    Dilution after Dilution

    IMO

    Last edited by Merchant2000: 01/03/24
 
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