10 million dumper is back, page-22

Rod I think retiring the debt will definately have an impact on the share price. Being debt free, as a junior gold producer helps expand organically.If not, then why would they make such an effort to retire the debt.This will help with extra exploration that they have been wanting to do.

Regarding the hedge, well we would have been much better off not having it, but then again, we wouldn't have access to the loans. I guess it also depends on what hedging they have got rid of. From memory we hedged at AUD$980 and then topped up about 5000 ounces at AUD$1150.

Granted, that having the mill up and running will be a big driver of the sp. The mill will send the price flying as we increase our ounces and reduce our cost significantly. But, before this happens, I'll be looking forward to the other little things, to turn the share price in the right direction to give the ramp for takeoff when the mill is up and running.