RE:Hey shocor: good to have you aboardthey need to do a equity raise. I don't believe the cash flow from its operation can cover all the debts due based on my own calculation. if we are in a gold bull market, it's not a big issue. now question is who is going to fund them. the whole sector is so permistic and more and more traditional funds and investors have shifted their focus. to survive in this market is not that easy. good news in this market is good chance for liquidation. bad news in this market is disaster. I didn't expect it rebounced over 5.5 thus I took the opportunity to close my position on it.
Still I like the project. from the grade to the district to the size. lots of upside. Don't like the uncertianties of its operation. good luck to all.