First Liberty Power (fka FLPC)

[Be wary]

That ignores the FACT that I've seen this trick done over and over by the same guy.

The costs to recover the ore will be significant and the current debts will still stand until paid off in full. The leases will need to be paid also. Did you see how much that all amounts to?

In effect if funded for production now a lot of that would be gone to pay off existing problems and the dilution caused would make it even less likely that an eventual profit will be achieved.

People who have researched the background and history of some of these shady characters will think twice before ploughing even more cash in.

It is unfortunate that the legislation in place allows this to happen over and over again but that is what we are faced with, if it is any consolation it isn't much better over here!

Well worth a look at the hype that went into both FLPC and AMEL a few years back, both were pushing into the same type of business and "independent" reviewers were paid to paint a glowing picture. That sort of thing is getting looked at more often these days thankfully!

The information is all out there on the 'net if you care to google for it.