RE: PKF Interview with CP16 Apr 2023 10:32
The concern is,how is the CEO going to pay back the loan by 2025,when the business is not listed,and therefore can't cash in shares or milestone warrants.
By not listing,the funds incoming from the Sale of Gold mine interests suddenly becomes the obvious easy pickings.
After all, shareholders have been led a Merry go round of distorted truths for nigh on 5 years in a month's time,and the merry go round has to continue now,until his loan is paid back.His risk,not ours,hence no consultation with shareholders.
He obviously thought Railsbank was the Golden Goose that would continue laying eggs,but it's quickly evolved into a spitting Cobra that's bit him on the ass.
Thing is, what comes next.