Mark Brennan -WHERE IS THAT LOAN These are questions for Mark Brennan, CEO of Largo. We do not need you girly-men answering them for him. The fact is you couldn't anyway so spare us the waste of bandwidth.
Campo Alegre? Does Largo still control that asset OR did you default? What you posted on sedar was VERY ambiguous. Did Largo default? If not, why is it in mothballs? We lose $1,092,000 whether we move forward or we lose it. Which is it? And WHEN, if we haven't defaulted, is Largo going to conclude the payment - or is the owner just sitting around waiting for you to act? And for how long? And is THAT in writing if he IS going to wait? Your operation seems mighty sloppy is why I ask.
Who do we have a contract with for our Currais Novos concentrate, Brennan? And HOW MUCH do we owe them for financing this operation? Why after a YEAR do you still have in your boilerplate that the operation may NEVER make any money? How could it not - milling [not even a mining operation] is a pretty straight forward operation - not rocket science - yet nearly one year has passed and you can't get the mill/floation circuit to full production and won't until maybe December? IF you're lucky. This should have been a slam dunk even for a money changer like you. It is off-the-shelf equipment - and you did assay those talings, right?
What is your 2012 salary? Don't shareholders have a right to know how much you're making? What, specifically, was that $550,000 bonus WE paid for? THAT is a LOT of money on top of your $290,000 salary which is already exceedingly generous which is on top of your 3,300,000 stock options which is also exceedingly generous. You've a good gig - now where is that loan?
I've a few other questions for you but later....