All over done and dusted, page-519

All of this debate about $250 million for Santa Rita is moot.
If KM today cannot get of a figure north of (and I am not quite sure what it is anymore - so here is my best current guess) $350 million then KM may as well have sold Santa Rita two years ago for the first offer they got of $37 million or whatever it was, because under either offer shareholders get nothing. Zero! Zip! It only benefits the CREDITORS for KM to get $250 million instead of $37 million.
And of course they are the ones that KM is paid to be working for.
Unfortunately for us it seemed to me at the time that OUR directors - who should have been working for us may not have had our interests in the forefronts of their minds when they decided to liquidate the company - sorry "put the company into administration" so quickly at the first sign of tightening finances!!!!!!! Grrrrrrr!!!!!
And thereby take from us the opportunity of partaking in a company with a potential cash flow of circa $80 - $100 million per annum (at the current nickel and cobalt price) for the next twenty years.
Thanks guys. Thank you very much. You did well!!!!!