debt before dilution, page-22

"Yep but the SFR debt was about the same as the entire Rocklands project build Hoots - That's a significant level of significants"

Hmnn Wallsie - Do we know what the CDU project will cost ? ( no DFS remember ) and did you see the % grade of the SFR resource.

Lets assume CDU dont issue any more shares after Sino get their next 6m CDU will have 211m shares on issue plus XX $$$ in debt.

SFR only have 155m shares on issue so dividends will be close to 40% less diluted to SFR shareholders after the debt is paid off.


Dividends GFM - lets hope the Chinese dont get control of the board before that decision is made.

T/A buy signal today my sentiment has changed to a T/A buy but I dont hold yet as the F/A still bothers me till I get a few answers to some big ticket questions.


hOOt