Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-9

Apart from the distant Sept. qtr, I dont know where that 'pump' is going to come from. The stock is dead. The sellers keep coming out of the woods and now no one is lining up to buy - and why would they? We have the word of one guy, who has either blatantly lied or was just plain wrong in the past, about when they are going to stop losing bloody money. Timing of management decisions have killed it for retail - and they show no signs of stopping.

What the rose colored glasses mob are missing is if the tungsten price comes off this high and the aggressive pursuit of assets that only lose money continues (even through Mt Carbine was forecast to be profitable at a much lower spot price), they are gonna be finished in a flash.