IMO they got their comfort in significant part because IFC as an...

IMO they got their comfort in significant part because IFC as an Industry player was there and financially committed. This is no longer the case.

The rest is speculation - I am familiar enough with each of the projects to know whether to jump back in or not when the full PFS results are released and also to recognise any more spin the company puts out. So no need to re-quote any releases which I have already digested since the very early days when they entered the African market.

You would also expect a friendly broker to put out something positive soon as a cap raising must be on the cards. In my mind this will come under the category of fee for service, as with Proactive Investors.