RE: EUA24 Jun 2020 15:25
TDT,
So on a potential resource, we have Sinosteel, investing millions of dollars, and two banks, who are interested in being part of a full sell out, or part sell out of MT.
That to me sounds like someone saying, In this cave is the potential of 100 million dollars worth of gold, and as you are an expert in digging out the gold, you can invest 50 million, in digging it out, and we will split the other 50 million between us. All on the basis , that it's only potentially there, is that ok with you, yes, very good. Now you have previously informed me that Sinosteel can extract themselves from this deal at anytime, so it's just a jolly old exercise, costing thousands so far, just to put the deal in place, well that sounds a bit far fetched to me, but I'm open to being convinced.