@Merchant2000They are also relying on the construction company...

@Merchant2000

They are also relying on the construction company to mobilise in two weeks, things don’t happen that quick in Africa as everyone knows. If you look at the time periods Minbos has had to wait for funding and offtakes you will realise that things you want to run smoothly and quickly just don’t happen swiftly on the African continent.
Back in May they had numerous banks expressing their interest in giving a loan facility and Minbos were trying to expedite the process it’s now almost September and zilch.
Comissioning looks like mid or late on next year at the earliest that’s if something comes through in September therefore they will not be able to supply the needs of their customer.
If the above is the case another CR imo.