No... once bitten, twice shy...
I rather pick an explorer with less overheads...
Way too many bills that need to be paided... there are 21 mill in trades payable? 10mill is for PYBAR... who else do they owe money too?
@Oden1 made the following statements:
https://hotcopper.com.au/threads/an...3700320/page-33?post_id=27382326#.WdLF1k-7pes
https://hotcopper.com.au/threads/an...3700320/page-44?post_id=27383031#.WdLFe0-7pes
https://hotcopper.com.au/threads/an...3700320/page-47?post_id=27383133#.WdLFpk-7pes
As we all know there have been no great production announcements so the merry go round of forward contracts is most likely going on to stay afloat which is a form of credit. Thus if true they do have real debt though not the type of debt (non cash) that would otherwise be required to be reported.
The forward contracts has occurred and is factual. Have no intetest in down ramping. This is the Skeleton in the room a good question for the annual meeting.
random k. Ask the question in writing to Wayne for the proof is there. Thats your real research.
I don't think anyone has dared to ask this question.... who do they owe the other 10mill too?
If what @Oden1 says is correct, then he/she is truly an insider, and we are all chumps hanging onto the words of happy clappers for the last 18months.
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