Don't suppose you speak Latin American profitmann or have a potential CEO/MD that does and is an industry veteran with star power to pull funding from investment banks / hedge funds / super funds etcetera.
In any event it's trading, I believe the tailings permitting won't have to wait to March I'm sure I read somewhere approximately 6 months and that was pre-suspension so close on 4-5 months back.
there was a tailings project in Chile permits approved recently so I can't believe it will be held up to March.
Given the toxic tailings the holdup in my view will be the environmental & safety procedures being scrutinised by Chile's mine department.
My bet permits approved
then cap raising through beauforts & Jianxi so I think the wider investment community's anathema for CDB won't matter for Marianas as they have the support they need permitting is the issue.
With $698k in the kitty they can last a quarter without cap raising plus Glen will be aware the shareholders are less than enthused with his & the companies performance. So only IMO positive news then cap raising.
CDB Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held