RE:RE:RE:RE:Costerfield7) There is $29M remediation bond on the Lupin mine. The Lupin mine closure is scheduled around 2Q 2019. A small crew is working on the closure as I type. There is some toxic waste (diesel) disposal that is required. The diesel is being used by the remedation crew to power vehicles etc. The remaining diesel could be sold to neigherbouring communities and trucked out on ice roads.
MND has alreading recovered $4M US from the Lupin remediation bond, With the mine never returned to operation under MND's reign, the remediation is very straight forward. I see another $15M to $20M US recovered from the bond. The refund could pay out the HSBC loan.
8) HSBC and azValor have seen the business plan for restructuring the company and optimizing current mining operations. The load remians in good standing and azValor has dropped some major coin on the table as they graduated to 10% holder.