yep, confirmed to now have a Plan B and possibly more?? Do we take finaniers as plural or not??
the best part of this for me, is:
“We would also like to confirm that the strong relationships established with potential offtake partners, as well as technical experts, such as the Suzhou Design and Research Institute for Non-Metallic Minerals, are such that these parties remain committed to Chilalo, regardless of the funding source.”
To me this is a massive tick.... the two parts that we really want out of the Chinese JV, offtake and Suzhou as the consultants are committed to being involved with us if we obtain finance elsewhere.... PERFECT
and the fact that we are paying for the updated feasibility study will no doubt mean we own it, and can use with alternative financiers if so desired....unlike the previous undertaking by CN Docking...
have you been lucky or unlucky @Eqz not being able to buy this morning? No doubt the CR will be at a small discount, so the SP may head backwards, but, this could also be seen as a de-risk by some punters and therefore there may be a bit of buying demand.... not sure...
GPX Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held
