RE: The more I see multiple £50k buys...22 Nov 2024 22:13
Exert from the fund raising in March. Working capital for commissioning a 50%-owned processing mill, where construction is complete and start-up subject to final environmental consent.
Struggle to see how they could say the mill was complete in March and then it be delayed over 3 months after the licence was granted
The mill will produce gold and silver concentrates from waste material available from the Company's historic mines in the area, initially through gravity separation and through chemical leaching in a second phase.