Unfortunately for this venture to succeed ,they have to raise a lot of capital, for a company with no income ,apart from shareholders. Businesses used to value good- will as an asset . There are lots of gold miners with experience ,and already "UP and running", looking for a 20m boost,so hardly surprising the funding is dragging on. The lenders of course will be looking to make sure their is a tangible assett. I am coming to the conclusion that the BOD of this company are after a free ride until they can offload to a much bigger company, but at little risk to themselves ,as now. They are still drawing their salaries ,though no one seems to be able to find out exactly how much, but it is, from available figure s, in the region of 1m per annum just for the directors, mmm not bad..Source , published fundamentals, probably un-audited.
Unbelievable surprise AVM up 3.47% today ,only got to go another 89% and can get some of hard earned back. Or is it 890%, mmm.Good weekend all, after a truly terrible end to the week.
ted for the 7th time by Forbes as the most successful and powerful woman in the world. might be a little asked of the cred you have. lol
Dear tenegah, think you ought to keep quite about your "Washerwon, Former research scientist.
,nor do I , best wishes, Thanks for your advice. !!
take a look at guru focus re acp, total assetts as at dec 2014 4-69 m they issued 2 severe warnings signs about the company. . Now I am getting concerned!!
You guys really bend me with laughter. The slightest bit of realism and ,out of the woodwork come the main offenders. But I like you want this to do well.GLA
Have a good weekend all.Alan excuse the probe ,no need for so much detail, Sorry