RE:Response from Sandeep When Sandeep says,
" do think this last financing was in the company / shareholder’s best interest."
He's looking at the big picture going forword,
WRN needing funding when Rio first came in,, DD 24 mo then a decision on a buyout. Just enought money but not enough to finish WRN cash needs. After 30mo no need for buyout of WRN,, new offer, "a bit more money for another 18mo extention",, Paul had to buy into the the extended 18 mo from Rio because WRN needed the money
Now Sandeep has ENDED Rio extending with another optipn / extention offer WRN being fully funded ($80million) can tell RIO no more B,S extentions. Buyout or get lost we no longer need your money,, no more extentions !
Sandeep did us a big favour by topping up, now with $80 million, so we will have a say in our future, when this last option with RIO is over . IMO
We will be able to thell Rio to Fuc$ Off,,,, Thanks Sandeep
M2