CR=Convertible Note, down she goes

What a surprise
They need more money... so how about the positive uprampers spruiking no CR needed, which is exactly what this is albeit a different name
The point here is wow! Already needing a CR!! This is separate to the 15 percent they can raise without a CR and a CR where they can raise more money

Expect another CR before end of year, to fund things like a cil plant and other things...

This will NEVER be converted by the investor, it's too high risk for now...

Effectively 8 million at a 15 percent discount(given a 15 percent interest, effectively is meaning this investor would be getting shares at 3.8 cents a pop...

So expect share price after a week or two to recalibrate to 3.8 cents.

This is very negative news!! The company is now saying it's all about sertao. And this new area where they are using first year uni grads to help out! Are you kidding me???

What is going on with cascavel, and the tailings????!!!! This is heading down hill very quickly. It's obvious cascavel and tailings was just hot air marketing campaign

Down she goes.
Very strong sell