Ann: Proposed issue of securities - CLZ, page-16

They just need to keep their heads above water long enough to get some income flowing. They retired a good $1.35m chuck of debt from this issue, and added another $1.425m into the coffers, leaving them with around $4m cash at the moment. That is well and truely enough to get some real progress in the direction of actual mining. I believe the mining permit is dependant on how they go with certain elements of the bulk sample, so we could hear something big, very soon. I just want to see a pic of the Gekko and some gold so we don’t have to put up with this consistent pessimism, mostly from people who have zero investment in Classic.