RE: Whats a good contact number for IR?? I talked to Carson Phillips the other day, he is the best person to talk to. He is very business and a challenge to get hold of but once you do he is very good.
I asked three questions and here are his answers.
Political situation in-country is not bad, very safe to travel and the coup has not had a visiable impact. Elections are probably going to happen next year. The potitical situation is not impacting the project.
Financing - they need money!!. having issues with the share price and TSX regulations. Major focus of his efforts right now. May have a reverse split to reduce number of shares and then try to raise money. also looking at a restructuring of the company.
I personally did not like what i heard here
Strategic Partners - Major discussions on the way with companies in India. They are advanced but still have a ways to go. Optimistic a partner will be found, cannot say when.
Great project really like, but the company finanicing issues has me very concerned. In my opinion investing in this stock now is ultra risky, need to see what they do with the financing before i enter.