Unfortunately no bank or institution is going to want to finance Perkoa if its owned my aim, because of the bad experiences of the past. Aim will have to sell Perkoa to another company.
As for Mumbwa. Yes its a massive intersect, but the grades are very low, even at the high prices for copper now. Bhp would excerise its rights if the prospect is good anyway, and the little cash aim would get would have to go to overhead costs. Aim would have to sell the stake to Bhp or others as the cost of the mine would be prohibitive for aim.
Unfortunately its like flogging a dead horse, and new management needs to be put in place, with a new direction, new assets and projects, capital raising and consolidation and importantly a new name change, so as to distance itself from the past. With a fresh start i'm sure people will regain some of the loses of the past.
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- who would finance perkoa in the future
who would finance perkoa in the future
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