Ray - I am not dismissing the equipment but we have a $100 million noteholder suit pending so I think they offset eachother.
As for financing, Fung just said he has never had problems getting financing before so he doesn't see a problem now.
Back in 2005 most anyone could get a credit card with a $10k limit or any number of loans. The same is no longer true. Times change. Also KRY used to have a valid MOC with taxes/bonds paid in full compliance with just a permit pending. While we have the same now we have been denied the permit and VZ has publically stated we will not mine LC.
The only thing we know is KRY will run out of cash any day now and our CEO has told us nothing. I think I have a right to be sceptical as I have a very substantial amount of money tied up in KRY.
If financing is no problem why are we at best 9 weeks from bankruptcy and no PR from management?
