I feel that the first question must be is there still a company? If not then all else is moot. I have copied your list of questions and I have amended it with a few of mine in Italics. And thank you for doing this. It may lead no where but it is worth a try. I hope everyone gives comments or feedback on your post!
As a shareholder I would like to know:
- Is St. Elias Mines still a registered company
If yes:
- The current financial state of the company
- Any negative working capital amounts, and to whom is that money owed?
- A list of current licences held, and their standing.
- A list of licences divested, when, and to whom, and at what price?
- List any other assets held, and their current value.
- List any subsidiaries owned
Vision
We then need to know Lori's vision for moving forward and creating shareholder value.
I would like to know:
- Will it be possible to finance and resume operations?
if yes:
- The next proposed steps project wise. (I.E. Drill Tesoro? Or A new project?
- How much money needs to be raised initially?
- Will any money raised be utilised to pay off existng debts? If so, how much, and to whom?
- What else will the money be used for? ( I.E. Drilling? buying a project?)
- What percentage of money raised will be put into the ground?
- What will that achieve? (I.E. number of meters drilled for example)
- How many shares do you propose to issue, and to whom?
- At what price will these shares be issued?
- Will management convert debt owed to themselves to equity, and if so, at what price?
- Will new directors be appointed or elected?
- What percentage of funds will be used in promotional efforts including travel?
