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Wainui

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33

11/07/19

13:46

Post #: 39476672
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Originally posted by Ozprey64: ↑

What eventuates will probably be different than what we think. It took 2 and a half years for the offtake agreement to be finalised and it was with Eurochem who wasn't in the initial list of eight bidders.
Finance may be the same.
At the AGM Seamus said they were about to have a meeting or presentation in Canada, (if I remember correctly) and that they were going to do some presentations in the USA.
I thought that was strange and asked why they needed to do presentation in the USA because I thought finance was imminent.
His answer was ... well we will be there so we thought we would do them - suggesting they weren't the key to debt or equity finance.
It would not surprise me if the finance is not provided through these two Nigerian based financial institutions as there must have already been some significant changes in strategy over the last 3 and a half years.
So, yes, hold on and just cross your finger and try to breathe normally.
A decision could be announced any day now.

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is that a new "any day now" call or and extension on the last one ?

DNK Price at posting: 69.5¢ Sentiment: Hold Disclosure: Held
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