Different people different point of view
Zurich = no compensation no deal, negotiations then deduction of legal costs etc after that we might offer them 10m (timing will be min 5years. Zurich received premiums and paid claims so they knew the risk of getting it back which is why they didn’t paid us usd 200m instead of they paid us lump sums usd 55m.
Equipment loan 48 months instalments
So I see $11m loan (critical), 12m internal (she can wait) and PS loan (she can wait again)
cash flow = 27500x950usd =36m profit per qtr (minimum)
Ann: Chatree Gold Mine Update, page-12
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