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?
RRP Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held