RE: What's happened to this board?14 Sep 2023 11:34
It appears they can’t or won’t sell the concentrate.
Maybe sanctions, maybe not, related to the ‘sale’, who knows….what is the cost to store and secure this concentrate?
What is clear is that the BoD are unclear to their shareholders….
Doesn’t, on the face of it, make sense for a loss making mining operation to delay the processing of concentrate which would crystallise cash on the balance sheet, especially as they are not cash flow positive…
IMO of course….