Well it's good to see that being dealt with it was inevitable and flagged in the GMP report, with a factory construction expected to be started this quarter they need cash. I hope they raise enough to see us through the DFS and factory start up at that stage they would likely have finance and Ancuabe sorted.
With any luck it will be a cornerstone investor and released in conjuntion with a factory construction start date....
Unfortunately their hand has probably been forced by the share price, which is unfortunate but thems the breaks at this end of the market...the graphite hasn't gone away..
Cheers Whisky
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