Ann: Karara Operations Update , page-18

Did you even read or understand the announcement Evo?

We are out of cash mate. I've been preaching this since the quarterly. Problem is we cannot raise any reasonable amount of money via equity since our share price is so low. Basically only a highly dilutive capital raising (really recapitalization in my books) would be the only option... 1 for 2 rights issue. This is truly sad to even consider this.

I give up. Let em ride. What happens happens. But don't hold your breathe.

Ansteel please just gobble us up for 30 to 40 cents *sigh*.

Done my money on this