Ann: Chatree Gold Mine Plant 1 Update, page-42

If there is a CR, I will be happy for the financial uncertainty to be solved - as it would be tough to waste that money without finally mining proper ore and making good cashflows.

I'd participate in full. But $30k allotments would not go far for some other holders with high $xxxk holdings.

But could they raise enough to remove all of the short term debts. Even removing the non-Nucharee ones should be enough, if she agreed to extend hers - hers may be less risky. She'd not want to call in the loans to bankrupt KCN, or her mining contracting would have a big problem. Unless she had bad aspirations of taking over the mine after calling in liquidators.


Previously I was of the opinion that we should trust in management, and it would be painful transitioning management at this time. But they're consistently over-promising/under-delivering and lacking transparency about mining, grade, loans and asset sales.

If TAFTA means they can't report grade, then say so. If TAFTA does not block it, then state all relevant numbers, positive or negative.