Thanks jscr. Agreed, hurt the cash flow. I know there were other issues too and a lot of debt but there has been no more mention of Glencore who are probably hoping LOND collapse.
I can't copy it but one thing that stood out for me is "It is understood that Frank Timis, founder of African Minerals, the listed rival that runs an adjacent mine in Sierra Leone, has also bid". Hopefully there will be a bidding war...
Good news from China today, IO prices are increasing, we have a fortune in the ground. Biggest threat is they sell the mine and then shut down the company. We really want an investor who is interested in the whole package (company). Would anyone be?
Could have, should have, blah blah13 Oct 2014 14:59
This is getting boring guys...
Some made profit, others lost a lot. Let's get back to research, thoughts and theories abut how we could possibly get out of this mess...
which will be lifted in due course. Guess I may as well start my weekend. We will get news soon enough on where we stand.
Hopefully the next RNS is the done deal and a reasonable price