RE: Bougouni licence27 Mar 2021 10:26
Rayteu- yep. Not sure how much of this is a gamble. Note that even with dilution, Suay Chin hold circa 15% of the equity here.
The offtake and links with this will of course link it to how likely the license will land. IE there is a plan for the product to be shipped when mined. Sounds close from the interviews and possibly the reason why they didn't accept £8 million. For example if you were not expecting the license to land, would you accept the £8 mill?