It doesn`t sound like the upcoming problem with cash nor "ongoing Cadence`s exit startegy" - see PFS, Page 24, §o :
'The Company has been well supported by its largest shareholder, Cadence Minerals Plc which is listed on AIM in London. Cadence has a total of GBP38m in cash and investments. It has expressed interest in providing funding to maintain its existing shareholding. This based with the large interest being shown out of large institutional broking houses in London provides further comfort to the Board that funding for the development of the Project will be secured.
Initial discussions with potential lenders for development finance have commenced with positive responses to date. In addition, various confidentiality agreements have been executed with potential strategic investors and discussions are on-going.'
LSE post, page-5
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