He seems to be slipping though... he missed the 'r' off December on the title of the email. ;-)
=============== Dear All
Please find the link below to our quarterly report and App5B.
It was a big Quarter with the deeper drilling results finding significant mineralisation continuing at depth at Castle Hill and increasing our geological understanding of controls on mineralisation. The large intercept of 94m at 2.6g/t has opened up a new zone and follow up drilling is continuing. Castle Hill is getting bigger and the grade is improving with depth.
Cash flow is coming in now with more to come. We have credits coming in from stock sales and Catherwood to the tune of $1m. We are well funded with the placement, SPP and internal cash generation through to Dec when the development decision will be made.
We have recently recruited a feas manager, CFO and bolstered the geology team to deliver on the 2013 targets of +4M oz in Resource and BFS completion. We were able to secure first class professionals to enable the transition to developer and producer.
Plenty of newsflow to come with drill rigs finished at Castle Hill and currently at Red Dam. Results expected in the next 1-2 weeks.
