Banter and general comments, page-191

I was thinking about this yesterday too.

should the SP reach some of the technical targets we’ve seen suggested of say 50c, then from there, even at a generously discounted CR of 40c, CXO would be in the position to not only finance the project themselves, but also have about $20mil in working capital.

Now whether this is the most ideal financing solution or not is up for debate (such a method would remove the risk of CXO following the likes of AJM and A40 to the wayside as a result of large debt and unhappy creditors - I like the removal of such risk). But for such an option to even manifest itself, at the very least this would suggest to me that finance would become closer then ever, as CXO would have the means to raise and do it themselves.

Anyway, first step before any of this is for the next leg up to carry us to that 45c - 55c mark.

IMO

GLTAH