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I think academy's post might be right. I have known banks asking for minimum balance on the accounts to aquire loans and hold minimum balance to get the loan at cheaper rates. It is not that dilution is better than loan or vice versa. GGP is clear that they need $10m to meet the criteria and also spelled out they have offers on table, so long terms their preferred option is loan for any cash requirements.
GL all..
I do understand that this is only small portion but I fail to understand how estimate has gone down than previously reported as all the new drill holes went deeper in that area since that was reported meaning the gold deposit should have increased rather than decreased.
Again not very clear about this.
Had a busy day yesterday and didn't manage to check out what went on here. I am very surprised with a 12 month delay as they, especially Tim always bragged about Q1 2022 until very recently.
Check out this podcast from Zak in June 2021. Tim dodges exact date when ask about Q1 2022 commissioning but says it will be 2022 around 24 mins. Hear out from 20 mins onwards. He was lying the market as 12 month delay doesn't come up overnight.
https://www.**********.co.uk/articles/traders-cafe-with-zak-mir-sunday-roast-june-6-2c5bc07/
I have been here for 8 years now and very disappointment as the light at the end of the tunnel seem to be moving further and further, don't think I will sell at this price though.
It was showing up on IG app in the news section this morning with the broker update notes for several companies. OXB upgrade was by Peel hunt but I cannot find it on the app anymore.
Peel hunt have raised OXB target price from 1150p to 2150p. That is some confidence.
Great update for company..
Legal case is settled and completely out now..
New contracts in 2021 including couple in Italy expected.
Lot of other updates on expected deals in 2021.
2021 is going to be first cash positive year..
Exploring alternative feedstock with research collaboration including Plastic, wow this will be competing PHE..!
Looking forward to 2021, it should be 7p+ by year end..
GLA, enjoy the ride..
Nothing new for HAV to report and results are from same south east zone which has already had initial resources reported.
I was expecting results from New area and update on new potential area identified as updated in Jan.disappointed due to the fact the there isn't anything shouting out in this update unlike all the ones previously.