the money is gone...sry.
Sandstorm has transferred the $40 million to Entrée, but in the contract we do have a clause which stipulates that if this type of situation was to occur, we would be entitled to our upfront payment back.
I think it is premature to jump to conclusions on this. As more information comes to light, we will update our investors.
Enjoy the rest of your day.
Denver Harris, Vice President, Capital Markets