The WHOLE thing is 'Speculation & Opinion'. That's what Penny shares is all about. LOL. Facts are not Facts until they're announced. In the meantime, everyone will just have to 'assume'...it's how it is.
Willywonka.
If (IF) the Government were to give FLPC a Grant or Loan, loans have to be paid back. Look at what they still owe now. $1.3M..at least. The US Gov. would have to send someone along to PROVE beyond any doubt at all, their Business Plan with EVIDENCE & PROOF to warrant giving FLPC a load of cash, will have to be fully justified.
If an experienced Mining Authorities team assess the Mine (which they will HAVE to) to qualify parting with cash and getting it all back again, they are more likely to walk away laughing at a Mine that has been heavily Mined twice already.
Consider the huge costs of actually getting to the stuff first...that's if there's any worth left. This would leave them with next to nothing if the cash runs out BEFORE they even managed to get any Ore assayed for resale! They will also like to examine the books AND see what sales they have made against off-setting the current Debt in 6 or 7 years.
They will take one look at the filings, then walk away.
The sales Ledger will be opened and closed on the first page which will be blank!
Unfortunately, FLPC hardly stands a hope in Hell of getting any cash at all. It just won't happen. Small succeeding businesses that can show vastly more potential WITH ongoing sales will stand a chance. FLPC can't even restructure their own company inside two years, so NO, no chance at all of any loan!
