Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-378

@evwatkins

The speed of the fall to well below this Cr - clearly shows that the market is well aware of the risks

Even to raise $5m externally required 7 weeks with free options at nearly 30% below market

Like you stated so many unknowns with construction as well

Monumental task in finance and construction

Angolan institutions will be performing DD and MNB balance sheet won't do them any favours - by end of June will be already to well under 2 quarters of cash to meet ASX rules if not before

Imagine all the travelling and living costs some paid in Euro in recent times - cash burn explosion


DYOR