look for 4 cents friday, page-13

Not sure how giving away Sao Chico at $3 million is good for anyone except Kenai ..

Happy for mgt to focus on Crater mountain and sell non core assets - however not too keen on giving them away.
They should be producing 15,000 tonnes p/a at a cost of $345. That is 15 mill profit per annum ...

Now looks they have a free carry but that has been fully diluted to 75% or 100% ??
Will have to have a closer look at this deal .....