Well Done Peppie. Another good find. Thanks for your continued quality posts.
In my view cash is pretty tight at present and they may slip through and make the upgrades required without raising any cash. If they dont raise any cash - great. If they do, it will only be a little and wont be so dilutive as to change the story.
Barry Bothilo was recently granted 3million options exercisable at 23c. That's a hell on an incentive to get the plant moving.
It is a great project and in the scheme of things this delay in commissioning will be a small delay in a project that has the ability to run for 40yrs.
Add to My Watchlist
What is My Watchlist?