Ann: Adidi-Kanga Gold Project Acquisition and Update, page-64

Some would have exited today simply because of the strung out delays...classic case of SP dropping to meet CR level.

I too am worried now about future dilution on this convertible note scenario.

Hopefully they can find a better deal elsewhere and transfer the debt across quick smart.

Deal is done now so that's a good selling point to financiers, plus they may be able to borrow against the value of the equipment onsite. They are quoted as saying they 70 million in replacement value...should be able to at least borrow 10 million against it.