As the article says it’s now 85/15 that the show will go on -- I...

As the article says it’s now 85/15 that the show will go on -- I think the Sabretoothed tiger just has abit of attitude. We most probably need it to survive in this game.
What will be of interest now, is to see what form it survives in -- how much existing shareholders get etc.

Maybe from a hedge point of view it is only the 60 K oz sold call options that are the immediate problem.
It is possible that the other 160 K oz can be rolled forward more easily -- I don't know, I am only guessing.

Of course the production and development problems are also shocking -- but it appears they finally may have the right people in place to address these.

If they began to produce @$350/400 cash costs, all problems would quickly fade --we hope.