net royality obligation is covered by a prommissory note and is payable on insolvency. The amount with interest is $138,442,912 and is outstanding.
The net royalty obligation $1,861,319 is a fraudulent amount as i see it.
The company used $404,694,391-plus last 2 years revenue of $256,266,247 and a $ $50 million financing plus other financing or over $710,960,638. +++ to get to where we are a 10 cent share company opperating loosing millions.
invested $62m in mineral properties and depleted mineral properties by $41 m for a gain of $21 on a $62 m investment. What is the plan-to go bankrupt?