Ann: Entitlement Offer Despatch, page-18

You are correct in what you said, as long as we dont owe debt the cycle continues, The FBM current shares are just a back up, 10mt Li gives us some breathing space, even if we turn up dusters in the next rnd worst case is mass dilution or consoladation.

Dont forget 2000 soil samples are due any week from Earaheedy, to determine what the drill targets will be and what they may be in search of,
some unexpected pgm were identified in field work, out of all the tenements, the geology of Earaheedy stands out above everything on the books and this is our best shot of discovery so i'm told.