If we arnt paying them back we have no debt and in theory...

If we arnt paying them back we have no debt and in theory revenue should go straight back to the share holders as soon as the first shipment goes out the door.

So by my calculations this is the equivalent of;

250M shares on issues X 1.01 = 252,000,000.00. So basically this is having 502M shares on issue. Thats still a tight register i think, thoughts?

We are going to have a functioning mine in place as the graphite space starts scaling up. We will have no debt and all money should be going to share holders. And with 502M shares on issue profit of $50M should work out to $0.10 a share.

Im uncertain from the ann if we will be repaying but it dosent sound like it, only costs mentioned are for mining services which are capped at $3.92M. If they payfor the mine i am all for this. the mine was estimated at $148M!!!!