Must be courting the same potential investors and are therefore either in direct competition or looking to do some sort of deal. It's interesting that KIBO needed quick cash today. Just like we did about a year ago and have never understood why.
.... that the following paragraph is aimed at those people that have emailed Mr Watt over the past few weeks.
"Shareholders will appreciate that identification of, and negotiation with, potential partners for the financing, development and operation of a plant can be complex and time consuming. The commercially sensitive nature of much of the dialogue prevents us from being explicit on certain aspects at this stage but we will continue to update the shareholders as and when appropriate. The Board is excited about the prospects for the Company."
If it "prevents us from being explicit on certain aspects" then tell us the other aspects that you can tell us!!
We waited so long for this announcement and they can't even update us on the EOI that was signed over 8 months ago.
I have faith in the coal, but all faith in the BoD has now gone.
I see we are still not talking about concluding discussions any time soon but still progressing and updating shareholders when appropriate. My huge fear is a ridiculous placing which becomes more and more likely as more time passed. Come on BOD lets actually do a deal instead of continuously talking about talking about doing a deal.
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