It has been quoted by a VIL poster that Greg Lee went to the US over the weekend.
In view of no announcement as yet, in my opinion, I believe that a decision in favour of proceeding with the Fausse Point Poject has been made, and talks are being held to work out the financial side of things. Perhaps discussions are going on to decide whether to issue more shares, obtain a loan or farming out to another company etc.
This is what I think and I could be totally wrong. Any other suggestions.
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