To: Bohdan,
No, is okay, you are pretty much in target.
I was tired last night, and forget about moving to Montreal,
I think this is one of the best decision of STS.
The fact is that STS as still some life on it, the question until
the 12 is how much and for how long. I belive that STS will
survive at the end one way or one other, my problem is that
when I invested into it, I know the raisons. Now what ever turn
the CO. is going to take. I will have to reassess and define, if
STS goals are compatibles with me.
I very sincerely hope that they will get the extention, then the
financing, and start pulling diamond this was my goal from the start. But I also know that I am wishing for a lot.
By the way the point that Chad make on the smaller sorter
is a very important one, STS will need about $7 millions to start
production with a big sorter, it will only take 2to 3 millions
to buy a 500 td including the rest of machinery, trucks, dozers, etc
according to Del, and when monney from production flow in ,then STS can add more sorters and bring to production to the level they want. The main raison being ,that when you can only afford
a Chevrolet, you dont buy a Rolls Roice.
Sicerely, Michel. |
