Ann: Admiral Bay Zinc Project Acquisition Update, page-4

trying to understand better on where we are headed.
We have around $10 million confirmed.

somebody correct me if I'm wrong, but if i remember correctly from presentations:
1) we need to pay $1.5 million (500k notes)
2) deferred payments of around $6 million
3) we will still need to spend a considerable sum to further explore and confirm the total zinc available (not inferred)
4) Rocky Gully and Admiral Bay estimated expenditure is $9.3million up to December 2016
5) remember reading somewhere that building cost, etc will be around $100 million

I would really like to pick up more but am wondering if we will see massive dilution down the road?