RE:As a grup of analysts and geologists,their sh price has donesevereanalysts, you need to reread the NR, sir. After $600k is paid, HGO secures half the cash flow - meaning they only need $1.5 mil in cash...See below:
"The LOI provides that upon HGO expending a total of $600,000, the Company secures the right to earn 50% of the projects net cash flow. At the time HGO earns its 50% interest, the DOPA will transition into a standard mining JV Agreement between the parties."
Jim