"Tooli you need to go and look at the balance sheets of now hundreds if not thousands of ASX listed companies."
So? All these companies will equally go broke including yours. It happens after every meltdown.
Your funder is a gambler. Research or not its nothing more than a punt. There are plenty more less risky plays that will return 100% in "windfall gains" over next 3 years just in the ASX 200.
Your funder may as well have opened up an Ezybet account and backed the 100-1 long shot CHM.
CHM Price at posting:
0.6¢ Sentiment: Sell Disclosure: Not Held