Ann: Operations Update - Granville and Taronga Tin Projects, page-110

The run of bad luck probably can't be helped and we know we have TIN in the ground so thats a positive , however , the grades being presented so far don't look too flash and my main worry is that it could prove difficult to improve those grades significantly without hurting the bottom line too much . Without the $1 mil from DGR we are in big trouble as any CR at this point would spell disaster and although i believe that DGR will put up the money that is not guaranteed which is another worry .
Should we get the money from DGR and should the grades improve and if we can operate at a decent margin i still reckon we are a loooooooooong way off of the shareprice recovering to a level most of us would need .
Its a brave person that chooses to average down from here ...... but if that person is brave and buys at 0.4c then ONE DAY they could make a killing ........ only time will tell !!