Have noticed that the presentation revived a target of 5M ounce resource in 2012 whereas the presentation prior to this one had softened the target to anywhere between 4 & 5M ounces. Could this capital raising have more than one purpose? I do not doubt that some funds will be put towards an accelerated program at Hollandaire but I also suspect there could be a near-term acquisition in mind as well.
Drewe.
trading halt, page-60
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