RE:RE:Monthly CSE Posting..............metals2019 wrote:
Wait a minute, did David Vincent just admit the company is not a going concern?
If "may affect the Issuer’s ability to raise financing" and as at last financials only had less than 3 months cash, then is it insolvent?
Besides that, I thought Metalstream was financing them with USD$35M? If they have a 'deal' with Mr Eli Weir of Metalstream then why would it affect the issuers ability to raise financing?
I appreciate the fact that Metalstream hasn't fronted with money anywhere, but nonetheless, why would Mr David Vincent on one hand issue a press release announcing funding and on the other hand say they can't get funding - which is it?
This clown of a CEO has been a fecking disaster. He needs to resign ASAP.