Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Hello Mac
I do not post often but what I do remember is that interview and him saying we will not rushed and I have referred to this before on this BB. My advice to all is to listen to that interview again becuase what he said as well as other points is what is happening.
Good luck to all LTH's Mike
Hi Trift
My take on this is that the £500 m paid is like a deposit and so my guess is that it is not an asset.
Hence the other day I said WK and MT would be sold , dividend paid and then to give all current shareholders a chance to partake in the JV by raising funds via a Rights Issue which we could fund from our dividends.
My take on the outcome.It is purely guesswork as that is all it can be including everyone else!
WK and MT are sold and as these constitute the main assets ( Rule 15 AIM applies). So a significant dividend will be paid.
Then the BO will issue a Share Rights Issue so that all shareholders if they wish can using some of their dividends to take them up.
Then Eurasia has funds to pay for licences ,fees, equipment to further the Rosego joint venture and into the glorious future we go.
So big dividend and keep our shares if not more and enjoy the spoils of the Venture. My guess this JV is going to be BIG!
These two RNS s are tactics.
1. We can raise the money to mine it ourselves.
2. Probably until now the Russians and the Chinese who are in cahoots with each other have low balled their offers but introducing the Japanese who are not in cahoots with either will make the others think twice about making realistic offers.
Win Win !
Proactive this morning say that the following Chinese companies are developing a vaccine amongst others throughout the world.
SINOVAC , SINOPHARM and CAN SINO.
Anyone more knowledgeable than myself think these may relate to FLT3 = Aurora ?