Ann: Fully Underwritten Non-Renounceable Entitlement Offer, page-192

No, I had meant it in a good way, because I was expecting a separate funding deal. It was looking like we were on the right track.

Being too exposed/reliant on the one party is never a good thing. Especially when you aren’t producing any cash flow, and don’t have enough funding to get you started ($5m is definitely no where close enough to get us the scale we want).

As I said above, Aahana had the opportunity to develop PCI last year for $1m. They never came to the table and stuffed everyone around - we had basically no cash at the time and they knew that. They only took interest when BMA were looking at seriously getting mining up and funding us at the same time.