Ann: Equity Funding to Commence Production at Riley Iron Ore Mine, page-34

it was implied in the CR this time 12 months ago so you learn not to take their word for it

I think it is still only a 50:50 chance of this mine going ahead

it was a fairly inane Ann to say we are raising this cash but we haven't decided if we will actually start doing something. sums up management though. all it did was kill the sp which they are well skilled at

not many drivers for sp appreciation, possible mining and a small drilling campaign at Kulin

unfortunately chalice won't start any drilling till the end of the year. that is the best hope as they have good geologists working there who know what they are looking for. VMS haven't found anything commercial in 10 years