GREY:GDPEF - Post by User
Comment by
damianchosenoneon Jun 14, 2019 12:57pm
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Post# 29826744
RE:RE:Lockdown: RCG DELAY
RE:RE:Lockdown: RCG DELAYLeftbook,
You realky have to stop with the numbers! They will not be that relevant at the end of this!
What the bidders will pay will be decided based on what Sprott lending agrees to. We will get a shell if less than 20 million is provided. If 20 million is raised and one proeprty remains we will have have Tangier or Forest Hill and not a shell.
Maybe Sprott Lending knows that gold will rise to 2000 soon and they want to take the entire project and we cease to exist; they can seel it a year later for even more cash?
Maybe one of the public companies that doesn't have much cash gives a deal with shares that is worth more than the cash and Sprott lending likes that?