RE: They don't have anymore shares3 Apr 2018 20:55
It was a small raise to get the accounts out last year, though it still did them until July, however cash burn is way greater this year. The year end report is also at partially the reason for the 'closed period' for those thinking something else exciting.... :(
I reckon its enough to get through to Portugal Scoping study completion and another JORC update, maybe another Metalurgy report.
Oman licence and offtake
PFS stage 1 Moz
Those are all great value adds. Portugal knocking on 15Mt, Scoping Study giving 'value' to market and final confirmation to market on quality of product. Interested parties see a more mature play/realistic supply that needs taking off the market!
Oman speaks for itself getting to investment decision.
PFS 1 shows project development outline.
2 Months that should all have taken place. Got to get the JORC up in size but hover just under the 15Mt threshold to gain value and progress other things with an enhanced exploration target from new zones but no need to get them to JORC in a hurry.