Just a suggestion @Hiddenvalue: maybe read the bottom half of pg.49 & the top half of pg.50 in the Prospectus a few more times before giving BLK another $22k - $25k...
"There would be inherent uncertainties regarding the Group's ability to continue as a going concern if the Group did not:
achieve its forecasted production quantities; and
fund a forecasted short-term working capital deficiency.....whilst concurrently making debt repayment to its financiers.
What BLK are actually saying is that without the $25.8m they expect to receive from the CR, they'll probably be insolvent in the near to immediate future: there's a similar degree of certainty with BLK's inability to produce 24,000 oz gold to cover the Mar'19 quarter cash expenses.
And you're hoping that by giving BLK another $22k - $25k cash, it might improve your chances of reducing your substantial paper losses?
BLK Price at posting:
1.4¢ Sentiment: Sell Disclosure: Not Held
