Quote:
Originally Posted by Charles5
LeMine = LeMine Investment Group and Consortia N.A. who are potential investors in MOOSE
On 1 Jul 17 LeMine and MOOSE issued a press release indicating that LeMine would conduct a 120 day due diligence review which to my understanding would be the pre-cursor to determining if they would then provide the $5M funding for the MOOSE feasibility study.
As the 120 days is almost over, I'm curious to see if sufficient evidence has been found in the due-diligence review by the folks who might be funding this endeavour for them to start committing any real money. Up to now, all financing I think has been from within MOOSE itself. Despite Phase 1b being "underway" for the last 15 months it has yet to be financed to the best of my knowledge.
Link to press release
https://www.letsgomoose.ca/wp-content/up...tiaNA-MooseConsortium_2017-07-01bPDF.pdf
|
Thanks.
120 = this Sunday, October 29th.