will vanmag settle this month, if ever?, page-4

I posted why they borrowed the $2mill ages ago.

When a chinese state owned company wants to spend state owned cash there is a long process to get the funds released. This includes the state investigating the allocation of the funds. If it doesn't suit the states strategy at the time, it won't go through. VANMAG is not 100% certain IMO.

The chinese have their own currency state laws and regs. The state has more projects to approve ahead of $10 mill in petty cash no doubt.

SIOC's funds are certain. Hence there greater importance to CCC and the SP.

They don't sell VANMAG it's still an asset.

My strategy is to focus on whats in front of me now and the technicals.