Company conversation5 Oct 2018 01:14
Had to do this before taking a position
Had a very good conversation with the company regarding the recent funding rumours circulating, basically the company is not interested in equity raise just as they were not intrested at 5p-6p earlier in the year. They are working on a offtake linked debt financing which takes out all the problems.
Regards to the debts (borrowings) they are on very favourable terms with ZCI which is not a issue
This gives me the confidence to start taking a position tomorrow,this investment could turn out very fruitful