Another fact is GMC have currently only secured $2M of funding (as evidenced by the Appendix 3B).
The remaining $6M for 25% of the project (including security by way of title to the smelters) is still conditional.
With all the "upside potential" (supposedly) why are these debtholders not scrambling for 25% of the project for $6M?
They still will only invest upon satisfaction of certain milestones...
Facts, page-9
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
