The biggest fear is that the virus gets a grip in Africa,then the s*** will hit the fan. I still think people are not taking this virus seriously,it has exposed how selfish and grasping society has become. Despite disagreements on here,I wish you all good health--it is the most important thing. Regards Acker
The parties have now agreed to extend the payment term until the 31 March 2020. The Instrument will remain subject to the agreed normal events of default and the Company has provided several standard warranties and undertakings to Regent in respect of the Group. The Loan Agreement will continue to be secured over 350,000 shares of Circum Minerals Limited held by Premier.
IMO the government will withdraw funding for RHA. A "compensation" deal will be offered to Prem . Prem will become major shareholder in RHA however due to the current economic climate I envisage RHA being mothballed. Cash flow remains the enemy for Prem,will be interesting to see how George raises funds. Interesting times. Acker