Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
That sort of news needs to be dealt with swiftly especially as ZIm have not granted an EPO mining licence and there experience on RHA we spent money on RHA and never delivered and want more
Lab results taken this long how long the next batch ???? We need answers quick before we send the trucks in
Is any sort of delay or further redesign
Canmax will come back once we start producing the interview said they had 10 days to come back to discuss
90 days or more to sort out need operating money to pay bills which is more important so we could start producing with 90 days then a saviour pre pays result come on GR we have a mine a built plant staff stuff ready just parts and commissioning so stark what you going to do to help ?
Any chance Stark could partner PREM as they failed to deliver ? Revenue share agreement and stack reinvest there payments
The circum crap and get money owed from MHN what a total mess GR hand over the reigns please please and now you have had LTH over again after circum RHN MNH limestone and game lodge And now Zulu all you touch end up a dormant entity so much potential and f all ending
Thats the best way protect the SP , suspend shares and work behind the suspension to get new investor and plant sorted only issue is we need 3 months money to pay staff etc
The issue with Canmax buying in open market is it's not just Zulu they are investing in is all the assets
Yes agree Acker 100% it needs to be Starks issue but we can't see what's in the contract as both Canmax and stark deals around same time I would have had Canmax interest payment as a penalty for each failed delivery month of product if plant issue as we cannot cover material into the plant
Canmax can just but in the market to build a stake and when accumulated the TR1 hits
The issue here is the fact the plant needs to run continuously and at present it’s not possible due to a defect element so the contractual requirement should have been continuous production to obtain sign off so like RHA it’s currently in care and maint
May shares suspended will do us a favour
Canmax AGM all I want to know is what quality are we pruducing that’s what will define any deal and value Jun we expected to do 1000 tonnes so where are we radio silence GR what is going on
Great summary lol. It could get messy in the morning. no bags no quality no deal. Mmm
I am going for an extension due to proving grades to canmax
Vote up if you think we will have the deal as expected , message here if you think no deal signed by deadline and a short reason. Votes stops at 4pm
Just to get a feeling of the BOARDS view
We could get an out of hours RNS saying no deal as well
To actually get the new deal prem to prove the quality in the bags before Canmax would sign not that would be a standard clause. What about Starks liability in any of this do they have quality targets or milestone you just don't sign contracts without them ? Called delivery targets and penalties
Another slight issue is what will the share price be if he does not do a deal and has to place the shares