Have you spoken to Bob yourself and sounded him out. If you do, see what he says and perhaps try to cross examine him to see if he makes the right noises, ie Does he have enough money to Mine with PROPERLY and the source of GUARANTEED funding if he doesn't. How much and when will it become available. If so, find out why he hasn't done it before, and what will become of the $6.5M Debt if he has funding. After all, it's your cash too, so you are entitled to know what he's doing with.. or done with it.
If he's got loads of cash 'to come', they will need to service the debt with it, so can he do both.....and STILL Mine. What do you think. It's worth quizzing the guy if you feel up to it?
