Ann: Third Bidder Supplement and increase of Offer Price to $1.00, page-32

you are correct that we would never have gotten the mine without them but if its so unprofitable because they have so much debt then why do Taurus want it so bad?

why did the independent report come in much higher?

And for full disclosure do you have any association to Taurus? - might alleviate some of the concerns of holders here

From the last quarterly

Financing facilities available are:

Amount at quarter end Amount drawn at quarter end

Loan Facilities $0 $0
Working Capital $26,316,000 $0
Performance Guarantee $103,289,000 $64,281,000

Cash on hand $100,900,000 - therefore a surplus of $36,619,000

Cash generated $34,915,000 assuming the same amount for this quarter cash will be $71,534,000

so not sure why you are so worried?

wheres this other $77 million coming from?

have i missed something here?