Ann: Significantly Oversubscribed Placement Commitments $3.2m, page-29

"Phase Two wet beneficiation plant expected to be cash flow positive by end Q4
2016."
"Current planning indicates commissioning of the Phase Two wet beneficiation plant commencing in June 2016, with positive cash flow in India expected by the end of Q3."

These would appear to be conflicting statements and for the sake of the option holders I hope that the second one is correct. If commissioning is to start in June surely it won't take them 6 months to get what appears to be a fairly simple plant up and running to plate capacity - my opinion only.