RE: Mine the coal?22 Aug 2021 22:10
hxulcolrdoh: My understanding is the historic costs are conditional on the project going ahead, or the tariff being agreed. If the tariff is not agreed then no historic costs.
mannnan: Yes we know a raise is likely, the share price has been reflecting this. I don't know whether the board are inside but my understanding is they are, as they would know information not in the public domain. Either that or no conversation has started in the last 8 months. If they are then they would be unable to provide money for a raise, loan, or cash in warrants/options without updating the market first. This would mean raising in this market, and we know there is little buying interest at this price, but the amount required is likely to be very small.
They have money till the end of the month and there is still a very small chance news will land before then.