Extra Otso facts and discussionA few facts to help you come to your own conclusions. Laiva is around 20Km from the nearest external fuel supply point and the Fuel station on the Laiva site was originally filled by Teboil. Tallqvist are the transportation contractors for Teboil, this was Tallqvists kick start, the contract with Teboil! Unless the supplier has changed Tallqvist will have to deliver? Can they continue blasting (Orica)? Electric supply to run the plant? Are enough chemicals on site for the final CIL? Reports on Stockhouse indicate that important Plant parts are broken and supplies required so is crushing possible? Excess water from the process has to be pumped out to sea and requires lab testing, has the testing lab been paid? Cash flow to pay bills is crucial! It looks highly possible that a maintenance break will start around Christmas 2021 and last until?
Looking through the published accounts and the reported financing by Otso along with media reports, on top of the 740K€ missing gold sale and the 600K€ Credit cards that around 5-7M€ was possibly embezzled, that does not include the contracted salaries to management and management fees for the period of control. And this is possibly a conservative estimate.