Its Ok!!!!!!!!!!!!!!!!!!!! the board remains focused on achieving a successful and profitable operation at Roacklands……..phewwwwww
About the only thing that made much sense imo was that in keeping the mining and processing suspended, it would impact with their short term targets. (brain surgeons)
Anyhooooooooo, needs this mystery long term funding package to actually get the accounts finished for Dec last year, (loved the way they slipped that in)
Defaulted on payday loan which took fully security of its main real estate assets,
mining operation and share trading remains sussssssssssssssspended.
With mining and processing stopped, they will not be able to satisfy the number of OFFTAKE agreements...………...Im not sure if they think offtake parties will extend more . I don't know, but they probably got a lot of copper for the money, but a deal is a deal and they were still owed more
Wont be long now ---- maybe the offtakers will convert their balances into shares and the current owners will be diluted to oblivion
Then of course there is theSINO Steel issshew who are still owed money for the plant that like the shares,, is sussssssssssssssspended
Pretty much dead...…..worthless...………..even though they had trucks leaving the pit every 15 M with 217000 worth of product apparently ---
Saw no mention of the big Cobalt tailings special supa duper project,,,,its must be susssssspended as well
Equity , what equity
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