RAB Capital – 8%
Management Ownership – 12%
We have built a very strong business/project platform but we need to build an equally solid share register at the holding company level.
Closing project finance for first development project and, in the meantime, reporting steady progress across all projects.
Starting construction of the first development project and, in the meantime reporting the grant of a second mining licence, the expansion of resources and the scheduled progress on development studies for projects 2 and 3
Scheduled construction progress in Ethiopia, the expansion of resources and the scheduled progress on development studies for projects 2 and 3
Political risk in Ethiopia which we have addressed by building a locally-strong syndicate.
It is demonstrated vision and resilience. Now that the working environment has dramatically improved, we can move quickly which should help close the 12-fold gap between market cap and NPV
lon entry price at a point of infection; strong team and structure; should be a mid-cap in 3 years