3 weeks today9 Sep 2020 08:25
Katoros full funding deadline is on the 30th of September.
Bellow is the more recent interview, showing confidence in the 30-35 mil deal happening in 3 weeks. 7-10p on conclusions.
https://www.pscp.tv/w/1yNxaBVPAAqKj
"Without getting myself into hot water, by divulging into information that isn't already in the public domain yet, I can confirm we are making good progress on the funding side. Things are progressing quite well, and we continuing to have very constructive and very productive engagement with a number potiencial funders. That process i must say I am very pleased with, the progres that we've be making especially in the last couple weeks, it's always a challenge to get something like this up and running, to get it going from the moment you decide to do it. We've been inundated with approaches as we've said in the past, and as we've communicated with the market aswell, we are pursuing a quite number of these initiatives at this moment, and as iv said just now, making really good press, I'm very satisfied with the progress we are making"
"Still on target, still on-time, confident we will meet our deadlines from a funding and from a operational point of view"
https://goldprice.org/live-gold-price.html
14 bidders looking to fully fund blyvoor
Containing and derisking 1.3mil Oz
$688 all in sustaining costs
Production 12-18 months
Working capital and cash until after deal conclusions
+
Hanteti drilling program due to start shortly. 2nd asset a potiencially giant nickle resource.
Stagger payments from sale or imeru - first and second 100k due shortly
https://twitter.com/KatoroGoldplc/status/1279841449572515840?s=19
Production numbers to be optimised to 70k Oz per annum.
Still sub 8milmcap at 2.42p. Expecting 10-15 Mcap 3-4.5p before news and 7-10p on conclusion of the 25-35+mil deal
After the last delays, I believe we will find out before the 30th.