The bond offering would be just as valuable to the purchasers of the company as it would be to current management if they were to forego the buyout offer and go it alone. The bond offering is securitized by the assets of the company, no matter who those assets reside with. In addition, a mining operation can never have too much capital available for expansion of production as long as the terms of financing re favorable to the mining company. I do believe that if AURC has any significant production at all currently, they should PR those production numbers to put further pressure on the offering party to up the offer. Thanks and have a great day.
mm500 Moneyis raised in the course of running a GOING business!!!!! Otherwise you cannot raise money!!!!! AURC did not decide to raise $$ yesterday...and the world does NOT stop spinning because there is an offer on the table. The news is GOOD NEWS!
MM500, this may be off the wall, but maybe the buyer might have said we will meet your conditions if you can secure operating capital that will follow the company. Just a thought. jig