General discussion, page-7528

Gosh HC really giving me trouble tonight! that bug is so annoying!

Try again! I am picking a 'traditional' mix of large placement/s and share holder cap raise. Second pick is for a J/V partner for say 45%.

Just depends on how much the board require - 25 mill , 50 mill? and I guess if they can get that kind of money? I am hoping for funding to keep us at 100% ownership of Morilla.

So the initial 'knee jerk' reaction - possibly justified at the time - was to get hold of the rest of the LLL shares and sell down 'in a controlled manner".

That tells me that the need for a large amount of funding is perhaps not what it initially seemed to be . or in other words, perhaps we don't actually need a lot of funding 'urgently' and if (as I suspect) we are now profitable (think just over break even or just a little more), then we would only need a smaller amount of funding together with the profit per ounce cash flow we have now - to get us into a nicer cash position. So over the next say 6 months , our cash position could become much nicer without needing a whole lot of funding?

ALL IMO