Post by
davein on Feb 08, 2013 2:52pm
buys time but some hope
Mgm must have some irons in the fire to agree to onerous terms. If they don't come through with some positive results and enough money to repay Dundee in a year, Dundee can scoop up all its assets. It looks to me Dundee sees enough merit to give what I would say a last chance to turn company around. Technology from my non-professional assessment makes sense but it will be up to how good management is to turn it into profitable venture.