Hi B007,
yes waiting waiting!!!!!
My figures were a calculated WAG.
After reading the 6 monthly report and doing the numbers, it shows that after ALL the plant & Equipment that has been ordered, has been paid for, cash or shares, there is still just under $27mil in the bank.
The CDU share of the Rail facility,I believe, is quite small and may have already been put into the project.
The port facility will be about $30mil, I think I read that estimate somewhere, but happy to be corrected.
So my thought $3.75 for 15,000,000 will give about $56.25mil or about $50 mil clear.
This should give about $77mil to get to mining and port facility. The money for the port will only be required progressively.
Like I say all just WAG and IMHO.
My average is in the $3's so don't have any problem. If it gets into the $2's my only problem will be ensuring I can get enough money to buy plenty more,
cheers
cj
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