SML Appointment of additional UK Director, page-3

Looking more likely that WLF will either try and take over Redmoor, or NAE will use WLF’s processing plant for our ore.

Really hope we can hold onto the project and use our neighboring plant to reduce expenses during production.
If a deal can be made, it should also reduce our overall capex and require less funding to get ore out of the ground.

For those that are also worried about additional funding or a future CR, RCF provided WLF in October with a further £10 million to help bring the company foward. Being a major shareholder in both companies, i doubt they will allow a CR at these low levels, causing unnecessary dilution of their current shares. I am still optimistic that we will recieve the support required as we have previosuly seen in the past.