RE: RE: RE: AGM Brief Hey Ark88,
Sorry this is coming late but I wanted to thank you for the detailed updates pertaining to the AGM, as I was not able to attend this year due to extensive business travel in my industry field, its why I have not been that active on the board as of late, although my core position has not changed.
Question - At the AGM was there anyone who asked or indicated was it possible or are they engaging with any large coal company in a possible joint venture in which part of the mine ownership could be sold for needed cash flow instead of another share dilution in case they don't get a sales contract........what is the back-up plan for them if sales don't happen in the short run - was this discussed?
How long do they have without a SHUT IN with current cash to ride this out before a sales contract is a must or another CL issue or share dilution in your opinion?
Cheers Coop!