4c now out, page-37

Will take some good hits with the current drilling to save SL1.
Who will be willing to tip money in unless they hit some fine results ? There is a lot of potential in these tenements - just a matter of who gets it now, SL1 shareholders, or a bargain shopper picking over the bones on the cheap courtesy of SL1 shareholders.
Given the negative cash flow on the first shipments management need to forgo salary (by turning it into loans to be repaid with future profits) for a few months until the ship is righted IMO - it's their strategy to put the company in this position - they should bear more of the risk shareholders are atm.