Ann: MOU to Advance Investment and Funding of Won, page-25

re: Ann: MOU to Advance Investment and Fundin... I think management needs a little break here. It's a tough market to raise money particularly for a project where you have a political party in place that changes mining policy as the wind changes. This announcement has cost us nothing and just maybe these Verte guys have access to some long term investors with some cash and we can get this project up an running, get some cash flow and move onto the next project. Maybe it will raise the projects profile through asia. If part of the deal as mentioned includes the railway if i recall it would reduce opex costs by $25/t making the project look alot better.
We all have to be realistic with the current global climate that raising dollars isn't as easy and the RP price hasn't bounced back as yet, like some of the other commodities.