With this new deal, shareholders will be put out of their misery...

With this new deal, shareholders will be put out of their misery soon.
Ownership of the company will go to whoever is behind Auresources, and I highly suspect that it’s someone very close to management IMO.
There’s not a chance in hell that they will ever “produce” (I loathe using that word with CLZ) enough to pay back any loan and even if they did “produce” any gold do you have any idea how long it would take to pay back $10mill let alone $60mill (I do, around 2,000 share consolidations).
They think they have legally covered themselves with this deal by saying they may never produce any gold, so if it does go to the “owners” of auresources they can point to that wording.
Either that or brace yourselves for a couple of extensions to this deal and then it will never be heard of again. Rinse and repeat.