re: what the ...domum Many thanks for the reply , Domum .
What I was implying ( badly) , was that the formalization of the Offtake Letters of Intent is probably relying on the granting of the Exploitation Licence ---but as to the contents of those LOI's , they will be almost certainly 99% locked down already .
The Primary Funders ie Lending Bank , the Convertible Note takers and the Seymour Pierce Institutional shareholders participating in the upcoming placement will be given these cash flow projections , which will tell all ---without which the raisings go nowhere .
What irks me is that I suppose we ( us faithful investors ) are likely to be told that this is currently "commercial in confidence "information , and have to rely on the fact that if its good enough for these Primary Lenders to put up thier hard earned , then it should be good enough to satisfy us .
Guess it would pay to be on the Seymour Pierce client list , to be privy to all the justifications that would make us sleep easier at night .
cheers
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