debt before dilution, page-15

Janti, not sure which country you are in but there has been quite a severe down turn in the mining industry here in Australia….perhaps you dont live here and that could explain why you dont know. Lets just look at Queensland…there have been hundreds of people laid off in the coal industry alone….let me assure you there are lots of people willing to work for a lot less than $400k…lol…though I was a bit surprised you did not go for a far more realistic figure to maintain your credibility ie $1,000,000 is a nice round figure…lol