Hi @rocketman000001. His reply to you is contrary to how I have...

Hi @rocketman000001. His reply to you is contrary to how I have interpreted what was said at AGM.
It was stated that if chemical plant funding is forthcoming short term then the two projects would run in parallel, ie DFC funding for Karabib. If not then they would be sequential with free cash generation as the priority, ie stockpile sales from Namibia and another funding solution to get the mine concentrator into operation.
If one was awaiting the possible short term solution, AD govt, then one would hardly put a sunset clause against an agent whom could be the backup solution.
I doubt Joe would have used the word “funding” when referring to stockpile sales, “revenue” or “payments” are words that he would have chosen.

I would be very interested in other’s interpretations of AGM comments.

Regards RT