idea : maybe if we ask nicely to guys that pretty much own us now.
a . to the melb loan guys we could ask nicely if they would like to convert their loan and interest in copper gold bars via a royalty over all the gold. save the cash and convert to a royalty. would cost a lot but save the cash
and b. we could give the Lorena plant back to chinova and blue cap, save paying the $3.5m to them we owe. then maybe they could run it and would process our ore after GAM plant finishes, they pay the royalty to the melb guys and anything left over we get back.
won't make us $$$ but might save us going under which would be zero $
would obviously need to kick out management and board . maybe convert any salary or payment owing into options at 10 cents or such value being that by time it gets to where it should have been on the dream sold last year we are all gone..
TBA Price at posting:
2.6¢ Sentiment: None Disclosure: Held