RE: Proactive interview coming shortly23 Sep 2019 15:44
Extracts from interview:
JP don’t expect to get the full amount they claiming.
Not facturing the number, Not feeling optimistic, don’t expect to get a lot out of this, but basically we going for it.
Process takes 1, 2 years (my view is will take longer)
Not pushing the button on legal fees, unless we are certain we can get it, but, cannot be certain, because nothing is certain, so fairly certain we can get it back.
No clients. Been trying new clients.
New Projects , impact operation, loss of potential profit potentially impacting the amount of cash available to advance other projects.
No equity raise (impact on cash, no equity raise)
Project timing to cash flow, but now it’s not the time.
Rate of development may slow down on 100% owned projects
imv JP should have never mentioned SIRIUS on the interview, it is NOT ethical to mention other companies, specially when he knows he cannot mention legally the Cobre client.