RE: Kyrgyz Republic Uranium - Arbitration27 Apr 2023 00:24
From my homework I agree that the two legal cases provide a bit of a cash positive outlook compared to mcap.
One successfully concluded, with £650k outstanding. (Will Brit pay it ,or have to be wound up to get the cash... more waiting)
The uranium case could give a cash strong boost also to develop the US Gold assets. But IMHO it would be better if the Krgystan gov would allow mining again.
Having such high grade Arizona mine tailings lying about level 6 is ripe for an Aussie Crew with a rock crusher and a dry blower to quickly monetise, Notwithstanding the high grade gold in the pillars the old-timers missed.
Not convinced about the EQT link to biomass technology. (lol.. I thought AM was bad with peoples money.) EQT having lost 99% of its value since IPO. But sometimes these innovative things take time. Hmmm.. All hinges on the success/profitability of the Italian plant Hmmm.. ( Would EQT recent £3.5 million raise be enough to deliver Croatia and French facility.
Best thing would be the FULL funds to be paid from Brit energy ASAP. And cash used for US Gold prove ups....
I believe the Victorian gold investment was abandoned in 2021 ;-(