What you are talking about is a loan.
Insurance is when you get the money.
Not, they give you money and you give it back with interest. That is a loan. We don't need a loan, and we certainly don't need a company we have to sue to get a loan. We can self-insure if that is the case. Or have a fat loan with a Thai bank. Or we don't settle the claim until we IPO in two or three years....
Sell the yellow boys half (51%) of Akara for $6 a share when we have 200m shares.
Then Kingsgate will own 49% of Akara worth $588m (200m * $6 * 0.49%) AND $612m Cash (200m * $6 * 0.51%)
$1.2 Billion Australian dollars enterprise value (plus other assets and goodwill, etc)
That is the WoodFr0mTrees.
Ann: Chatree Gold Mine Update, page-18
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