RE: Does anyone have a credible plan? First off get your data right,
The negative working capital you like to call it is FIU's creative accounting at work, What they did was take the Gold they sent to GW and billed it as a loss of the total amount meaning instead of the company making so many they deducted that amount right off the top, so yeah they booked a loss but an actual cap hit loss you;re incorrect and based on your further post you know darned well that.
Liquidity problems you say, Please explain to the board how the company is at a loss when starting this past Q they were no longer sending 35-50% of all gold mined at Ezulwini to GW to make that stupid payment. That by the way is over now they pass 7% You know that..... you are just pointing out FIU's smoke and mirrors.
As far as the 10 million that they borrowed well let's see if they actually used it and for what purpose, I'm convinced there is a fraud being carried out here and when the sale is voted out I'm going to try to have a Forensic Audit conducted on this company to see where the money actually went. I'm sure that there will be some surprises down the road and I'm sure when we win the vote that the BOD will be scrambling to CYA .
There are NO near terrm payments of that 64.8 million you like to throw out, those are Bull negatives off the books like the negatives they posted for ALL the gold that is going to GW contracts... and they did it now to make the company look significantly worse than it actually is and YOU KNOW THAT ALSO. They booked ALL the gold for the next YEARS off the books NOW SO THEY LOOK like they are worse off than they actually are////
So keep up your Bull fella, we have the numbers to prove you wrong...
The answer to this sale is NO plain and simple, and the company will not go belly up ... As far as the bonds go, yes we can force them into shares but I'm sure they can be renegotiated.
Anyway keep up your smoke and mirrors fella you;re doing well.