The reality23 Apr 2025 12:00
Glencore buys minerals from anyone at the right price. They would also takeover a pre-payment liability at the right price.
Nothing has really changed. Zulu is still not producing, PREM still lacks funding to fix the mine, if its possible.
If Canmax wants to give up the pre-payment receivable, it sounds like they want out of the project, how that is good news is beyond me.
Next step will be raise as PREM is skint. 0.03p raise in the next few days?