>Without this "flagship asset," Crystallex's residual value is about
>$45 million, or 15 cents a share, Haywood Securities analyst Kerry
>Smith said in a May 1 research note.
Note that things have changed since then. We have handed over two mines that were a source of revenue. We also burned through a bunch of cash.
The ONLY thing worth anything real is the equipment. But, after the bonds are paid, what is left?
The contract *might* be worth something but only if it is honoured. We're dealing with a 3rd world country here (maybe second world)... that is socialist and anti-Western.
This is not adding up to a pleasant situation.
I take this all back if we get the permit TOMORROW!