new update out, page-7

I'm quite happy. Management is quite confident since they have advised that funding of the leases is through an on going exercise of the company's options.

This means they are prepared to put their money where their mouth is...well given the conversion price who wouldn't...but its a sign that better things are to come as there isn't they buy depth to sell the millions converted.

And its a better management decision not to do a Cap Raising to cheese off the little shareholder by dilution.

I think before Christmas we will some Merry news hopefully...although as the notice said, Shephards is likely next year in terms of meaningful news.