trading halt, page-12

"With all existing infrastructure in place the re-establishment of mining at Carnilya Hill has minimal associated risks and requires little time and capital to come into production."
VRE capital costs at Carnilya are 30% of the total capital expenditure quoted by Mincor at $28m. Aprox $8.4 m. They had 10.8m in cash at the end of last Q. plus now producing gold.
Not sure about a cap raising ?????