Single digits coming again !, page-12

After fulfilling their obligation to expend $7m on the plant GMM now have a 14% equity. That's it thats my point 14% they have along way to go yet! Wazdan i don't doubt GMM coming up with the money but until it's all done and dusted GXY are the owners.

Exactly. Yes GXY is in a better position than GMM, as it has the lions share, at the moment, of the assets.
GXY will also be paying down its debt as the $6m payments are passed on to note holders.
Basically in 3 years (in current configuration) zero/near zero debt and the same income stream as GMM and a 50% stake in MT Cattlin.
I'm just a realist Wazdan, Im not having a go at you i just wanted to clarify my question.
I have alot of faith in GXY and GMM otherwise i wouldn't be here.