RE:RE:RE:RE:RE:DAYS AWAY FROM OWNING A 100K OUNCES GOLD A YEAR MINEwasagastar wrote: Lupin closing from Mandalay will happen days after financing....
If I remember right, Mandalay is going to get 10,000 ounces of gold for 3 years. I would expect them to inform also, how WPQ will finance the C$ 25 mio they need to set up production.
If WPQ can' t make sure, that they will arrange that financing, Mandalay can't be sure to get their 30,000 ounces.