Update on Shipping and Mine Operations?Did any of the longs have enought interest to contact the Company re current status?The ship for the first boatload (15,000t) must be getting close to port in next few days if end of month schedule to be achieved.
Too much silence from HUD at this stage to instill any confidence.Have the motors been successfully installed and in full operational mode? When is the next shipment after this initial partial load scheduled and will it be for 30,000t as planned?How is the financing and will they have sufficient funds to get then to a positive cashfow position without resorting to further dilution or costly debt. Have they tapped into the $3,000,000 additional funds Cordiant have agreed to if needed and approved?Where are the additional Off-Takes?
So many unanswered questions that need responses.
Hope longs are not just hoping and waiting as info in desperately needed NOW to protect your investments.You and future investors need details to help determine proper course of action prior to month's end.
GLTA