Goedy You will need to be very particular with what you mean by profit.
WoW Yet again the head line is great, then you read the detail. This loan is not cheap. $400 000 in fees and with the capitalized interest, it's $27 million that will need to be repaid in 3 years and 100 000 000 options with the profit they can elect to have paid in cash.
But with cash at bank below $2 million at the end of the last QTY and more operational loss. How are they going to get it above $5 million to draw on the loan? Cap raise!!
What was production for last month??? With them not releasing a record production update, I am guessing they did not get to the 200t again.
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