massive debt compared to market cap, page-5

Hi Au76,

Going by the numbers presented by the company, the company is running a a massive loss. ($48 million loss in just 9 months)

The mine might be profitable but the company isnt and without the company there is no mine.

Surely no one would want to fund an expansion on a mine owned by a company with so much debt and so little cash.

Cap raising might be the only way out.

By the way i just came across this stock and had a quick look and wanted to know if i was reading this right which looks like i am.