One word “Read”....the last hurdle in the independent plant valuation will speak volumes compared to your continued rhetoric of “fake news” and innuendo...good luck getting any in the raise....oversubscribed remember and increased to $10m....hmmmm -
“Lastly, the ASX advised that it was also concerned with “the history of the Luapala Processing Facility, having been constructed over a period of approximately 4 years at an estimated cost of US$80 million, in operation for a period of 2 years, following which it was placed on care and maintenance with its written down value to nil but subsequently re- valued to approximately US$30 million”.
The Company is in the process of finalising the engagement of an expert to undertake an independent valuation of the Facility which it expects will allay any concerns ASX has in this regard.
WFE Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held