As detailed in the Executive summary page 2 of the activity report the funding agreements.
Mitisubish after a visit in late Dec has progressed the funding agreement to “detail legal and commercial documentation” CNQ has “ significantly advanced discussions with separate supportive debt funding groups” to “detail commercial document stage”
At the AGM the Board said 3 Mths being Mid Feb and it we are on target.
Please Please FORGET ABOUT tailing processing and concentrate on the at-surface stockpile as the directors and Mitisubish are.
Clearly the Dec Qtr expenditure and the forecasted March Qtr cash flow reflects a confidence in the funding agreements being signed.
Please read the very positive Executive summary Mitisubish are not fools and be positive as we could be producing tungsten slurry by xmas this year.
Please DYOR.
CNQ Price at posting:
5.0¢ Sentiment: LT Buy Disclosure: Held
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