Actually the deadline to pay off the long term debt is clearly written in the second quarter financials, not the MD&A from Q2. Its the last item in point 10 of the notes near the top of page 19.

Sorry, but one must dig around to find this stuff. Maybe someone can find it and post it here.

It clearly states that the loan MUST be paid in concentrate or cash by May 25th, 2011 or else Jilin has the option to convert it to common equity at $.11 per share. The same price they paid to take over the first 51% of the company.

Someone else can do the math to figure out how much more of the company this would equate to.