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10:54 06/02/2014

So, in the interest of clarity razor, you are saying that ZEMA will sign off approval based on an i.o.u. from an external body, not subject to any sort of scrutiny? They won't demand to see the cash in the bank?

10:53 06/02/2014

Everyone should be expecting dilution and no one is hiding that fact ...it's the terms of dilution which is not known

10:53 06/02/2014

if I said to you put your hand in the fire, would you? lol

10:52 06/02/2014

smoke and mirrors on the finance, brave call that raz

10:52 06/02/2014

Your post has also covered both scenarios lol well worded ...it's great when you can't be wrong

10:51 06/02/2014

What are you on about I am being straight and also giving you logical not pie in the sky answers ....you are the ones that seem to know what zema do and do not need

10:48 06/02/2014

Why can't you be straight razor? I think that it's very likely that finance will be conditional on approval (hence the massive dilution we will see here), but ZEMA will be putting themselves in a truly precarious position by signing this off on the basis of a promise by an external party. In my experience, organisations like ZEMA want to see the bank balance (with an audit trail) and not an i.o.u. in advance of signing it off.

10:47 06/02/2014

KBC I said that yesterday although the cravat is there that figure may rise ..this also may be bmrs part as I think money is available from WB

10:46 06/02/2014

So Schand if that's the case can you concede it's not an issue

10:45 06/02/2014

raz do you think the elephant in the room is how much it will cost to leave the site "clean" $1.25m is a joke.