SEI 0.00% 2.9¢ speciality metals international limited

Running out of cash fast, page-22

  1. 295 Posts.
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    Firstly i don't know where or how you calculated $200K. I think you're mistaken. 

    If the deal doesn't go ahead a large part of the deposit is refundable, only about $130K of the $800k isn't. 

    I don't know if they will be able to find enough interest for a CR at 1.3 cents. New buyers will want to know what is happening with projects moving forward. 

    At $8M MCap though , guess what. We are a bloody attractive for someone to buy us out or majority stake, that is cashed up to get this project going!!!! 


 
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