The funds form part of a larger funding package currently being negotiated with Lind and other investors.
The funds draw down will be used to support the Company's working capital position until the larger funding package is in place which is expected to happen around month end.
The larger funding package will allow the Company to complete the Board restructure and corporate reinvigoration strategy announced 1 September 2016.
Anytime now....they will get funding and once they do, we won't see these prices again and no one can doubt that! As it will allow them to go nearer to production which the board have said is the near/short term... The resourse is huge enough for everyone to have there share.....
Give over, my comment had no disrespect towards Corbs. Do you think if he was still with us he'd of admitted he called it wrong, of course he would. I'd say you playing that card shows him no intelligence or respect.
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