I don't understand all the doom and gloom "going bust" on here?
the announcement very clearly set out:
- finance approved already (subject to conditions)
- avenues for further finance to meet conditions
- immediate actions to get that finance (staff flying to Angola)
- finance action backed by government
- establish a prescriptive monopoly once the project is up.
those all sound like positive progress?
whats the difference between the project now and before the announcement?
that we are now a bit dilluted? And a bit delayed?
Ok but we have also progressed finance significantly and have huge backing from the govt.
this is a great Ann compared to just keeping the lights on.
share price is just an opportunity to buy at bargain prices.
i bought more today.
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- Ann: US$14m Loan Facility Approved & Firm Bids for Placement
Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-372
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