I should add that I'm quite a cynic, and thus if the drilling of the first (and maybe second) hole at Rapla has been a dud, then why would Dundee Resources Limited, a company which Julian Barnes (a director of ZMI) has a controlling interest in, would fund the Tranche 2 of 8 million shares?
To make sure things are above board, for everyone's sake, then ZMI should provide an update to this initial drilling well before the Gen Mtg date, including any visuals on drillcore logging.
Ann: Notice of General Meeting/Proxy Form, page-3
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