Not normally one to spruik the Crapper but there is a very good post from Elphamale providing a great summary of where we are at
Not sure if the link works but it's worth a read and it's a good call to action
Just a dried up old turd.
hotcrapper.com.au
Remember just change crapper to copper
Edit: Okay so the link automatically gets whacked on TSE...fair enough
Anyway it's post "...ann-legal-action-to-affirm-interests-in-the-manono-project.7137385/
page-4#post-65255656"
Nuts I just read Elphamale’s crapper post and as always was a good read…. I’m not on twitter or the crapper so have no way of interacting with Elphamale but….
Some things he and others might want to add to the equation are:
1) Former exiled politician and governor of Tanganyika, Moise Kutumbi (who by the way is one of the richest men in the DRC) is teaming up with Joseph Kabila to form a partnership to win government in next year’s DRC election…. Both these men should also be added to the ‘Dirty Dozen’ when it comes to corruption in the DRC and both should be watched closely for their involvement in corrupt mining practices in and around Tanganyika and Manono!!
2) Elphamale also mentions a short-term debt facility or a pre-payment by CATH for our SC6…. I mentioned the idea of a pre-payment by CATH recently and not sure if Elpha takes into account the fact that we would then have to supply CATH with the SC6 while not getting payment for our OPEX (Operating costs).
As far as a short-term debt facility…. This is how Altura (AJM) went into administration when they couldn’t repay their debt to the Chinese, and Pilbara Minerals bought out thier Pilgangora project. I know people will say the price of SC6 will soon pay off our debts but like everything else…. I’ve heard it all before
Just a few things to consider and if you or someone passed them on to Elpha, I would be interested in his reply
You know me pretty well Nuts, I may seem harsh, but sometimes you need to be to add honesty and balance to the conversation