Today's Interview10 Jan 2023 18:39
'We've got a number of other parties in the wings..
When we went exclusive with OCIM back in October of last year we had termsheets from 3 other parties
All 3 of those parties have ALREADY CONTACTED US and want to reopen discussions
And we've got some innovative funding ideas in the interim, one of them being Philoro who we also have a term sheet signed for $3m and we'll be talking to Philoro later today with the plan of drawing down those funds so we keep the project moving while we secure the balance
I'm VERY VERY CONFIDENT we'll get the funding in place, that's not my concern, it's finding the right partner
There's significant potential to expand the resource on the Kilimapesa Hill, we know that, we just need to do the drilling and do the work
The project fundamentals haven't changed
Today as things stand you've got a much cheaper share price so maybe some people are attracted by that
Yes absolutely. I'll be asking the board for permission to buy. I don't think there's anything that will hold them back from giving me permission so ill definitely be a buyer at these prices and support the company
We've got the assets, we've got the team. We thought we had the funding but we stumbled at the last hurdle, but WE'VE GOT MANY OPTIONS on the funding and we'll be putting that information out to the market as it happens
We're working 24/7 round the clock on it. We have been since late last night
We've got a plan and we'll be executing and letting the market know.
We will get this thing funded, we just need a bit of time'
Robbie McCrae interview with ZaksTradersCafe on 10/01/23