Can't say I saw this coming, but it does shed some light on recent efforts to raise money.

What this does guaranty, in my opinion, is that we can kiss the dividend they hinted at goodbye it the transaction completes.  It could be a long time before they start to realize revenue from this new venture, if it succeeds at all.  As an investor who was primarly interested in MMY's ability to produce gold at a low cost, I have to say this is disapointing for me.