Hi turville
I agree.....It would be ridiculous for them to allow the deal to fall over for a couple of hundred K, but as it stands, the minimum raising acceptable to Geolord to complete to deal still only leaves them with approx. $1 million in the kitty ( if I am reading the documents correctly) which is a paltry amount for the lease commitments and on going exploration. They intend to place the shortfall shares to raise the remaining $5 million over the next few months (according to the shortfall issue document) which will require something spectacular to happen to be remotely successful.
Hoping for the best!
Cheers
Dan
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