capital rising, page-4

That'll be $20 million after this:

"Approximately 600,000 metres of drilling is planned over the next 12 months as part of an aggressive A$30 million exploration programme to establish a multi-million ounce gold district at the Banfora Gold Project"

and therefore:

"The Company recently presented to a number of institutional investors based in London, North America and Australia and continues to expand Gryphon?s international profile as a world class gold exploration company."

They will get there I think.