Ann: Adidi-Kanga Gold Project Acquisition and Update, page-151

Genuine question.

I also agree the finance currently on hand is sheet but if the odds are 1/20 that this death spirals by the logic of payoff vs probability would that mean it's got a x 20 upside if they pull it off?

if it's so widely known how poor this is then surely that's been factored into the current share price.

for the record I don't think it does. I reckon it goes to 1c if were stuck with the current deal. 3-4c with better financing. both long term look fine.

SF2TH