RE: You can tell the stocks on the way up26 Apr 2025 13:07
Legal, you could be correct with the warrants as up to 600,000,000 were executable at 0.4p up until 15th July.. but let's have a balanced view of all the options.
Diamonds being released, better than expectations.. but come with up to a 20% cost process..
Will this then be enough to pay off outstanding 'crippling' debts - doubtful..
Baita latest production report was behind poor.. nowhere near the break even line which was being touted late last year..
€500,000 outstanding 'loan' from AP to be paid back when funds available (diamonds?)
To me, that production report was thrown in behind diamonds for cover..
Vast still need funds, even for short term, and most definitely need refinancing sharpish to enable them to prove up Baitaand then Manaila.
Hopefully, there will be an opinion Zimbabwe.. but this should be taken with caution with plenty of ass covering.
What of Aprelevka..? What of Hanes? What of Tajik? No incoming funds, jam tomorrow..
Imo, we could see both 0.2p & 2p in the short to medium term..