Ann: Maiden Reserve at Bulletin to drive step-change, page-13

Think you are getting ahead of yourself with Bulletin , Blue Bar is going to be coming on stream first , guessing those pits will not need much stripping but will be filling the piggy bank for working capital for stripping Bulletin and I am guessing with Blue bar can be guaranteed by a 2 month overdraft facility.

The Maiden reserve for bulletin looked to have been calculated very conservatively to me , (guessing these guys have learnt their lesson ) based on the previous inferred/indicated resource they could easily have shown the grade at 4 grams a tonne instead to underpin the rhetoric for hyperbole in a cap raise , so I am more inclined to think there will not be a cap raise .
(I was actually hoping for a cap raise as bought a small parcel in anticipation I would be entitled to any rights up to possibly $15K )