@szopen
I couldn't reply, so tag you instead. Thanks for the gold star, I do feel special now.
It has taken a long time, a very long time for you to admit that 'While the project may be “profitable” at 1A the company may be in a different situation."
I'll take that as a win. We have progress.
Regarding the second part of your critique - the company as a whole may be in a different situation. You know we are talking about 10-15M right? 1A covers that, and leaves enough money on the table to provide for some Tim Tams at the new presentation (there was nothing at the last one).
I also concurred that there would be some inefficiencies at 1A, but this will be stuff all... I could be wrong on this point, if so we are not talking more then a few %.
Another point with these rediculous interest rated being quoted; I made some enquiries and below 10% should be achievable. Low and behold , the MST report includes interest on a 58M loan and equated this to $3M.
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