WGH paying 50% of the Net Operating Margin for the processing of...

WGH paying 50% of the Net Operating Margin for the processing of minerals at the Texas Site into an account nominated by TMZ on a monthly basis until the full Bond Amount has been paid to TMZ.

I'm not sure why you believe WGH are going to cough up the bond money anytime in the near future as the agreement with TMZ is to pay the bond money as per the information above. That to me is years off and any businessman with one ounce of common sense would not pay a dime until Texas is producing at a profit. TMZ will receive $150K on completion of the agreement and that will keep management paid for a quarter or so.

Texas is a company killer and unless we get silver US$40oz or greater, it will continue to be a company killer. Directors bailing is not a good sign.