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9,999 Posts.
107
20/05/18
16:15
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The sale was for consideration of $525,000, seems to be a delay. Could be either deal has fallen through or they have a better offer.
Yes, capital is required for ramp up to full mining as it is unlikely they will rely on MS trial mining on its own as a buffer.
Could be sourced from a combination Norton sale, convertible notes, private placement or SH offer.
I am thinking they are going to announce MS trial mining results before though.
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