RE: Balanced view12 Apr 2026 13:01
And just to be clear Dickson CEO of Weardale has not managed to raise a penny from private funding sources in the last 14months.
The applications for Grants from the US DOE close in July so another 3 months to get in an application and the another 3 months for a decision and then, if successful, funds actually arrive when? Some time in the autumn. Work starts early 2027? As I say, this is years off and that’s only IF Weardale can jump over all the hurdles of funding, safety risks, feasibility studies etc. think the Marechale Directors may have been led up a garden path by Dickson…. When you read this report their chances of success are at best very slim. This has just exposed actually what a high risk stock this is.