RE: expected20 Mar 2019 15:30
another one. Jeez
Who said there was a doubt about the company as a going concern, in fact quite the contrary. You don't get partnered with one of the largest gold miners on the planet for no reason and as per the update in February 'the Company has managed to crystalize two deals which provide a platform to transform Orosur'. Come on if you're going to deramp try harder. All that's happened to date, and I've said it a million times, is a lack of comms over the last few months nothing more nothing less.
Ignacio Salazar, CEO of Orosur, said:
“After many months of hard and patient work, the Company has managed to crystalize two deals which provide a platform to transform Orosur: an agreement in Colombia with Newmont which provides the structure, financing and technical support to build a significant project in Anzá, and a significant vote of confidence from an impressive majority of 70% of the Loryser creditors to our proposed plan to reach a fair and balanced solution to the re-organisation proceedings in Uruguay. We are delighted with these two milestones and very aware of the work in front of us and our commitment to deliver on both agreements.