10c, page-9

There are just a couple of statements in this thread that I could not ignore to comment on.

"Whatever you decide IMO at the end of the day your picking up a stock that is undervalued based on earnings and future growth"

Undervalued based on earning ???? - what earnings, they made a 2.1 million loss for the quarter.

"From what I have gathered the mill is currently running at around 2/3's capacity and management are keen to take advantage of the remaining capacity and believe that a SPP will fast track that"

2/3 capacity - then the best that they can do is around 7-8K oz a quarter without some capital investment. How do they propose to meet the targets they keep reporting.

Not trying to be critical but.......

Don't have a position anymore.