What are you worried about? I have been watching and researching this company for months. Many others here have been around longer. You are trading penny plays (presumably) that have absolutely no fundamentals, like many of us. You have found VHGI, a company with actual revenue, in the millions, with HUGE $$$$$$$ still in the ground, completely established and functioning mining operation, financing to cover the next decade, and you are where you are....humpf. I dont get it.
Have a look this way: 65m/10= 6.5m principal per year plus interest.
NOW, on ONLY the existing contract, we are looking at about 1m/month in revenue, correct?
Increase production, that number goes up, way up when the new contracts come. And they will, demand for coal will only increase.
Think critically slapper, is paying back the loan gonna be an issue? Secondly,the only time that 45% will come in play, is in the event of default on the terms, again slapper think critically. Do you really think VHGI will default on the terms?
That is the only question you need to answer really.
JMO
Cheers
PT
