@possum2
My understanding is that the banks want to see a company generating revenue...hence the recent purchase of an operating mine.
Trouble is, banks need a minimum of 12 months revenue. And to borrow $30m, revenue would need to be at least $5m pa.
I'm not up to speed with the ZG numbers in recent months, but I would not expect that VRC will generate this amount of money?
Thoughts on pre-requisites for funding?
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