Beyond3 Mar 2018 14:49
Just a quick message from you know who
If you invest in anything do you not get:
A share of the profits,
Have to share any liabilities?
What Odeys have done is in effect say "We have a debt here is your share of that, please pay your share".
When revenue is rolling in they will say:
"Here is your share of that profit", and "If you dont want to pay someone else will but they get your entitlement in the OO".
And the problem is??? I am still searching for the problem.
They have said we will need �XXX to get to production in 3-6 months and by mid-2019 we expect that then the plant will ramp up to its operating capacity of 20,000 tonnes of antimony and 60,000 ounces of gold.
And by paying in now we expect to start paying you, your profits by end of 2020.
Still looking for the problem?
So lets look at positives:
Allowed an OO rather than a CLOSED one,
Cold commissioning is still due to commence in January 2018.
First metal is now scheduled to take place by the end of the second quarter of 2018
SPMP expects that then the plant will ramp up to its operating capacity of 20,000 tonnes of antimony and 60,000 ounces of gold by mid-2019 (work out the revenue yourself)
SPMP has received expressions of interest from a number of potential off-takers for metal and metal products from end consumers in Europe, America and Japan.
And I like this:
SPMP expects that antimony ingot and gold can be sold directly into the market once the OAR is in production - Here comes Traxys.
And look at past RNS's Traxys took a large position in TSTR - So confidence there I think.
So I repeat - Still looking for the problem!
Yes the SP has tanked but that factors in new share coming but if you take up your full OO at .05 you will have roughly the same � value.
Have a happy new year...
From beyond....
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