sas1,
imo the cockatoo transaction has everything to do with irvine- infrastructure and cash flow.
also turns plv from explorer to producer. a big difference when hitting the road for new investers.
i am thinking this deal for cockatoo was rushed maybe because of cliffs/hwe?
i was confident once transaction was settled then we could have a bit more focus on irvine. ie reduce capital from equipment sourced by timeone for instance.
now timeone has alot to make up for. its all has got way to complicated now and i don't know what will happen.
I am too one nervous investor. but i still think irvine has way too much to offer to be sidelined.
just need the funding!
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get rid of them, page-121
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