starting september at just 8.9 cents...., page-44

phantom,

It's also equally as pointless thinking that someone will provide the funding (through either debt or equity) to increase production capacity when we are only showing a resource of 12Mt.

We have to change both of these positions, capacity and resources and in my opinion (as most small caps will attest) spending $25m to achieve a decent increase in resource is easier at this stage than convincing a bank to give us a few hundred million to increase our production capacity, and promise them that we will be able to pay it back when we find a bit more ore.

Cheers

Badfish