the news just keeps getting better, page-3

If the terms with the four banks are OK, then once signed, this would mean no more rights issues.. Further exploration will be paid for out of cash in bank and future revenue streams and suddenly it all makes sense as to why we have been applying for more tenements etc with no means to pay for the commitmnet for exploration.

In addition this will put GIP in prime position for growth as an established mining co in Egypt which is high on the countries agenda. The long term potential is huge..

If only these announcements were made before the last rights issue!

IG must have loved picking up the shares at 0.05, but if he can get the agreement with the bank then in my eyes he's earnt every penny he makes..

BR