RE:Finally tapping into the debt."Cordiant agreed to commit to the senior loan until the EIB assumes the Senior Loan this fall."
This excerpt from the previous NR is implying that the EIB has agreed to a Fall date to take over the senior debt. I hope this is a firm commitment by EIB but it seems odd that they have approved the loan three or four momths hence. Anyone else find this strange?
There is ,however, some encouragement in the SP of late. The bid seems to be stuck in the low .50's but every so often some buyers are willing to pickup shares at the ask of up to .58 for lots of 10,000 or so shares. This,to me, triggers my suspicious mind that some have information that indicates the potential for this stock to beat expectations. On the other hand, it is so lightly traded that investors wishing to purchase any quantity of shares will push the price up. Bodes well for the future if we succeed in achieving production by this time next year. Too bad the volume is so low but knowledge of this discovery will slowly penentrate the markets as we proceed which will positively affect the volume and SP. Also,the long awaited and anticipated additional off-take agreements would be a real boost if and when announced.
For such a promising project ,the forum is still very quiet. Are all the old timers still on board?