** try selling 200,000 gip, page-2

The company is one of the slowest I have ever seen. At this rate if and when they finally get their act together the resource boom will probably all be over.
It seems obviously that they must be having difficulty in establishing funding - despite what seems to be a good prospect the company is in a poor financial position. I would imagine anyone looking at funding this would want to run the ruler over the BFS figures and management very very carefully. Dont hold your breath with this one, put it in the bottom drawer and check back every month or so, you may get lucky. IMHO.