Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Can’t be too long now before signature :- tick tock tick tock …
Nothing new can really be said but at this juncture I’m glad I’m in and waiting - would add more but got my quota in these
MOU SIGNED REGARDING FUNDING
Wildcat has entered into a Memorandum of Understanding (MOU) with a third party that has expressed an interest to carry out due diligence on deals that Wildcat can source from Sudan. This third party will then decide whether or not to invest directly into a deal up to an amount of US$25 million. The party is also prepared to invest, following due diligence into other petroleum projects in other African countries which have been sourced by Wildcat. The MOU is not legally binding, can be terminated with 30 days notice and the investors are under no obligation to invest and the Company is under no obligation to take their investment.
Mandhir Singh (Chairman) "This MOU is a significant step forward for Wildcat as we aim to complete our first transaction in Sudan. Now that we have a party that is interested in the same geographies, we are focused on closing a deal as soon as possible. Last October the company signed an MOU with the Sudanese over 4 producing oil Blocks (*) and efforts will be concentrated in signing a Production Sharing Agreement (PSA) over at least one of them. If the on-going political situation prevents travel to Khartoum then the Company will endeavour to negotiate a deal remotely."
Time to ignore the troll here I’m afraid - fits the frame too well -
Let’s say they did need money ( they don’t ) what’s the problem with that ? That’s what the capital markets are for that’s how they work ! You put money in that creates value and the share price goes up
We know the bitter truth here : because he slipped up one day and lets us know that he missed out on investing at ipo - that was about a 4000 % mistake for him so he’s here grinding his axe - clearly doesn’t read any RNS’s either
Massive negative assumptions again - change the record - do you not look at the global economy?
I don’t think you can base anything on such limited volume -