Ann: Placement Raises $11.2 Million , page-35

Have to agree one thing about a big raising like this it dersisks the company and leaves alot of room for less than optimal start up I do t know of raising money before the JORC is good or bad. The glass half fu view would be they are keen to move into production and given the time delay of the JORC they needed to do it now. The gLasss half empty is JORC results aren't that good and thus better to raise funds now while silver price is up and small silver stocks are buoyant. Either way good luck guys.