RE: RE: Gold is up a little -- NPV calculationlefmike,,,,,,,,,,,,,,,,,,,,,I don't have any insight as to what the financing arrangement here will be,,,,,,ecolo,,,,,I just took the $1.30 number from the last financing episode!,,but I will vote for you at $1.65,, :o),,,,,,, I certainly would like to see moneys borrowed over dilution if the prospectus option is a one way deal for the banksters. I cannot imagine why we would not be in a position to borrow against our project assets, especially 50M or so!! Rates are low,,,and the payback based on projected gold prices in tandem with the FIU production target numbers are better than what most people could offer against a mortgage!!
We will see shortly.
I am with the rest of the board here as far as finding out how sharp our CEO is at the negotiating table. If it does not turn out in favor of FIU you can rest assured that there are forces we are not allowed to know about trying to keep this company devalued for a possible take out down the road sometime. Attrition is the name of the game working against us longer term shareholders. At some point in time this dog will make big profits in spite of it self!! :o)
just my opinion over a cup of java early Friday morning!!
glta of us,,and Deon,,,,is he the man???