Ann: Update on sale of Wiluna Gold Project , page-30

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  1. 697 Posts.
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    re: Ann: AXM: Update on sale of Wiluna Gold P... "Gutnick having trouble raising the money for the purchase?"

    You're joking right - they have enough money in the bank NOW (8 mill at last quarterly from memory) to settle the purchase without even dipping into the additional convertible note pool (circa 13 mill of con note funding available) they have available for funding.

    Cash is definitely not a problem.
 
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