RE: some of the old investors have short memories. Hey Macloud,
I think most of us are aware of the mention 2 years ago about the "expression of interest" by a bank. However:.........
1] nothing is ever firm until all parties sign on the dotted line. Two years have passed since PE's comment.
2] PE and his professional team no doubt are evaluating all financing options available to them, which may even include participation by the TIGs in a non-share related bond issue or collateralized LOC.
3] interest rates are even lower now than they were 2 years ago, making non-share-issue financing even more attractive
4] you can bet that, with the huge ROI this discovery has afforded us, management and the BOD will tender the financing options to several sources of financing in order to ensure we obtain the lowest and most viable cost
Whatever they do will be in our <shareholders> best interests, to be sure.
And finally, I still expect that if we go to production we're looking at a 5 -7+ bagger from today's prices.
Cheers,
Brit