Whaler, who said we would be restarting Redstone? McWatters is the much lower cost mine!

Sarlock, you have it wrong:

The news release clearly refers to paying off the loan described in the April 29 financing which is NOT JJNICL’s prepayment; that is to be paid from delivery of concentrate once we are up and running again. The press release says:

As part of this financing, JJNICL will directly pay the negotiated balance due on the loan described in the February 19th press release. The balance of the financing will be funded to Liberty to pay amounts owing to employees, trades and suppliers; and to provide additional working capital.

And you say: Of the $30,000,000 raised, over half goes back to JJNICL immediately to repay their original $15mm USD loan ($18mm CDN). The rest will be gobbled up by overdue payables and lie in waiting to repay our $17mm (ish) debt to Salman/Casimir later this year. If anyone is keeping score, $30mm isn't enough cash to pay what we owe our debtors. Let alone all of the other financial obligations due right now (like our audit fees).

Your analysis is wrong!