investment, page-13

Hard to go insolvent with no external debt - other than the working capital CP keeps throwing at the company pending a deal being done.

If he wanted to bankrupt the company (of which he is the largest shareholder) and have mineralogy reclaim the tenement I would be surprised - if that was his plan he could have done it long ago. It would disolve what residual credability he had left after all his bad press of late..............

He will always go for the royalty option, less risk for himself. Like on Citic when come 31 March next year his $183m royalty will come due(regardless of whether the Chinese have pressed the on button for the project).