they dont have 25 million fellas

They receive $22.5 million dollars now and they are going to repay the $14 million dollar debt. That leaves $8.5 million now.They may receive a further $2.5 million in the future.

Yes they had $4 million in the bank as at Dec 31 2007 but we will need to see the debtors/creditors and unsold bullion position at that date to know the true picture.Plus there will be the additional cash burn until it is actually cash flow positive post Dec 31 2007.


To say that they have $25 million dollars to play with is absolutely erroneous and misleading.