Of coarse all our hopes are pinned on a signature & license!...

Of coarse all our hopes are pinned on a signature & license! Would love to see a strategy that doesn't involve the mining ministers signature?

Also what risk management are you suggesting? They have already halted dam works & large expenditures to preserve the cash balance until financing is secured. They have also progressed the Nicanda Hill project with a deal for JV set to be secured by Q2 2019 which will cover our back end on the Ancuabe deal.

Short of cutting wages I'm not sure what's left to do? This measure will probably have little effect on circumstances actually.

Should mining license & financing collapse do you really think cutting the books by say $400,000 p.a is going to save the share price or company from dilution?

Doesn't matter anyway! Peter & Dave will hit this for six after we get that signature.

Throw in the Nicanda Hill jv a few months later & bye bye 20c.