updated presentation, page-2

Still reckon the annual report is better reading - a very small and tight share register, with management well rewarded by virtue of their share holdings for upward movement in share price.

Obviously need this company to continue to perform, but this week's share raising shows that these guys don't want to be diluted heavily.

Take the capital raising proceeds coupled with the cash flow coming from Mountain of Light, add in some of the option holders exercising in the money calls, and there'll be enough cash to bring forward the Yorke Peninsula exploration work without having to further dilute existing shareholders.

Any good results out of either Yorke's or Burra, coupled with no dilution, provides a potentially very profitable scenario for shareholders.