RE: .13 Dec 2018 07:14
Or avoid those shares? Spec - suspicions correct as were rumours despite "denial":
"We continue to be in discussions with a number of industry and finance parties with regards to completing Sonora's finance package at the asset level. Bearing in mind our offtake partner Hanwa, SGRF, the sovereign wealth fund of the Sultanate of Oman, and RK Mine Finance all carried out due diligence ahead of agreeing to provide funds for the construction phase at Sonora, we remain confident the outstanding funds will be secured in due course. We recently announced the appointment of Citigroup Global Markets Limited ("Citi") to lead the equity financing of the Sonora project alongside Canaccord Genuity, both of whom shall also act as joint corporate brokers.