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Ann: Progress Update , page-7

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  1. 1,187 Posts.
    Yeah... take away their cash and for an Enterprise value of about 1m you have a company with the option to be worth upwards of $30m to %50m... IF (big IF)... they can get about 20m of financing.

    Gold is in an upward trajectory so I wouldn't be surprised if they could raise it; especially if it was part equity / debt I am sure i would put my hand up for some more
 
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