He also said he wants to be digging the decline this Northern summer and putting the foundations for the mine to sit on even if it means we only have part of the funding but he didnt want to make a rod for his own back by setting dates. There is also a directors meeting in the not to distant future to mull over couple of packages and decide what level of dilution they will accept. The CNF option is still the preferred option as there is minimal dilution.
Patersons - A$0.35 price target, page-24
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