I'm confident everything is going to be fine rambleon04, just my opinion though.
Did you notice the refundable bank guarantee of $2.6m in the last quarterly for the construction of Ancuabe? I'm guessing it was a guarantee from 'China Merchant Bank' to except liability on behalf of Triton defaulting on any leasing agreement aka our leasing/financing component with 'Jinan Hi-Tech'.
That is a few messages in itself..
1) A bank after due diligence is willing to guarantee Triton's liability on the basis of a robust business plan..That's a vote of confidence
2) What else would a $2.6m guarantee be for in this case apart from a measure of due diligence by Jinan Hi-Techs part to insure their investment in Ancuabe to the tune of $35m US in leasing equipment?
Obviously Jinan are as serious about getting this mine financed as we are.
Things are moving slower than we would all like but I'm fine with my investment personally.
Have a great weekend mate!
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