CMM 2.04% $6.23 capricorn metals ltd

Ann: Company Update, page-29

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  1. 11,185 Posts.
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    I suppose it's possible. Is there a limit to the number of requistion meetings that can be called per year, I very much doubt it. Now that would be a wonderful circus act.

    What do you think? Is the disappointment that great that 10 days after a spill vote another one could spill these guys. I'm certianly disappointed.

    Maybe they should back this project update up with one that explains what has happened to the funding package and why they aren't drawing down on it to start ordering the long lead time items and where the mandatory gold hedging arrangements are at under the funding package. I'd say if for some reason the debt funding is off the table and no longer available to the company and it hasn't been disclosed to shareholders then the degree of disappointment could easily escalate, particularly if all we are left with are legacy funding costs that we need to find money for. If this is/was the case then they have a duty to disclose it as it is material information under the law.

    Why no word on the funding? When will it be drawn down, when will the project commence construction, very very strange.Esh
    Last edited by eshmun: 13/03/19
 
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