I am well aware that many have lost money on this over the...

I am well aware that many have lost money on this over the years, fortunately my losses were minor over the decade or so of my interest in this company.
I seriously doubt the company will ever raise the sort of capital they say is required, as negotiations with interested parties have been going on for years.
Interesting that they "saved" the announcement of in-situ gold sale until the quarterly report, but I guess it doesn't make any difference as it won't any difference to the share price IMHO.

I think at this stage Fortune gold probably hold the trump card as the amount owed to them grows daily and they have the processing plant as collateral.

DYOR My thoughts and ramblings only