Ann: Half Yearly Report and Accounts, page-35

Hi Gammat, that's interesting, I thought Spid posted that he hoped they wouldn't need to rely on a capital raising due to the last one being at a heavy discount and still poor takeup, perhaps better to utilize the BMCG facility than do another heavily discounted raising.

If so, you seem to be in agreement with him in preference not to do a CR but to utilise BMCG facility if required after other options utilized first?

On your 6 million cash figure, I believe Spids makes a good point, most of this isn't available to the project as the Gemcorp deal requires a minimum cash balance to be held