Working capital11 Nov 2025 17:25
I think we all need to help SKA sentiment here.
The $300,000 received today is for the Kabwe acquisition, once the other $1,050,000 arrives. Fair enough.
Anyone got any ideas on working capital and how they pay ongoing city fees and Mr Lloyd and Ms Faith from GMI etc, usually about 25k a month before all else, Strand Hansome will want paying too. Lawyers for the deal, Licence fees must be due in both Kabwe and Rukwa,, staff on the ground must need paying.
what is Shuka monthly burn, is it $65,000? and where is this coming from because its not from the GMI money. 12 months of no cashflow so far so current creditors must be nearly a Milly, thats the big, 1,000,000 at a conservative low count.
Shuka must have a detailed cashflow and given it to nomad and auditors, auditors must have signed off on it
So Where is the money coming from? must be somewhere cause auditors wont otherwise hoodwink shareholders.
Where Shuka getting cashflow?
dont git me wrong or nothing I want this to be all ok, just ponderings