Where you finding the operating reports?
Why did they borrow $78M to get them through 6 months when they knew the gold price was 1200oz?
How can they be losing money if they have no debt and the cost per oz produced is $850, they should be making $350 an oz
Why did they borrow $78M for 6 months DIP financing, knowing gold price was 1200oz, then expect to come out of C11 with a profitable business?
Why did the DIP finance package agree to lend them the $78M when they knew the gold price was 1200oz?
How have they ever made any money at all apart from in 2010-11? Thats the only time the gold price has averaged above 1200oz?
Why are they fighting to keep the company afloat and restructuring if the business is not profitable at current gold prices and they cannot make any money?
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