RE: Nothing to see here yet23 Apr 2024 20:26
I think GR will issue RNS this week and let’s all hope it’s a positive one for a change as it seems he is running out of excuses to blame everyone else but himself.
But in reality Having asset you can’t monetise yet with cash flow problems is a serious matter for any company survival. Let’s accept this criticism and it’s a fact.
Let’s see this week how it progresses as I hold big numbers here and still feel Prem has come longways and so many people and the country reputation at stake if Prem fails is here ,then a well known big local business man with very successful career in the country is one of the directors on board with another from Canmax overseeing things too.
IMV …The plant itself is huge and any issues should be rectified as many experts on site there to sort it out.
We still have a good amount of cash which was raised recently and a local bank loan of $300k too.
On balance I feel more positive and can see the end of this saga of uncertainty .
Holding strong
GL