RE:RE:RE:RE:RE:RE:RE:summary of lawsuitsNo doubt bk, but the financing isnt the issue
GSFC spent $45 million and 7 years trying to gain control of this little gem, so what are the chances they are just going to give that control away now that they have it, and what are the chances deep pockets will be comfortable putting up the billion dollars needed when GSFC controls the natrative
That investment was brought into Krn by GSFC in Jan 2013 and in talking to previous insiders, they are crystal clear GSFC had the last word on where, when, and how that cash was allocated
Lets also not forget, a 2 well optimization program was not tested at Wynyard to confirm economic feasibility so I would assume that would be a requirement of any big money folks before laying a billion dollars on the table even with record high potash prices.
if I remember correctly for every percent above 9.6% it reduced the project cost by 10%, but that was several years ago and I dont know if those numbers still apply today
Interesting times for sure