Bell game is up21 Jul 2025 07:04
He Company's convertible and debt holders have been strongly supportive of the Company, and we are discussing with the loan note holders the terms of an extension to the Convertible Loan Notes. A failure to generate sufficient funds by disposals or external funding might put in question the Company's ability to continue operations."
In broad terms, this remains the Company's financial position with no material changes, and the Company believes that it continues to enjoy the support of key shareholders and certain creditors.
Since then, despite credible assurances that the DRC judgment has now been rendered, the Company still awaits a copy, although it remains of the view that this is imminent. Until this judgement is publicised and the Company receives a copy, it is unable to pursue its arbitration award as explained above.