@chuk
No one looks willing to fund this - not big holders or any African company or Govt
You portray production is a sure thing in 2024 - let's see any terms and equity deals going forward
It was blatantly obvious they had to get their balance sheet in order
This CR will not finish off construction and running costs have exploded
Do the maths !!!
IDC was not going to loan based on last quarterly- cash burn and position
Last three announcements clearly offered forward looking hope and imo were a pump to get to where it is now
Still require $12m US for construction and more for working capital etc
Let's sheet term sheet 1 - if there are any changes etc
imo
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Open | High | Low | Value | Volume |
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1 | 250000 | 0.061 |
4 | 150000 | 0.060 |
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Price($) | Vol. | No. |
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0.065 | 28253 | 1 |
0.069 | 241507 | 3 |
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