all the way , page-14

There seems to be comment about BFS when what is currently being undertaken is a DFS (Definitive Feasability Study) I assume these are different entities with the DFS looking at the technicalities of ore processing (specifically to see if and how the valuable fractions might be won from the ore) whilst BFS looks at the dollars and cents of the operation, ie so much ore at so much a grade with this size plant will cost X and will be Y profitable whilst a range of grades and cutoffs to determine plant size, workforce, logistics, to costs and profitability with funding options.

The company raised roughly 2mill for the quarter and spent 4.5 leaving it with roughly 10 mill it has 9 million shares at 20cents expiring at the end of 2010 that are in the money all other options are way out of the money.
It's got 6 - 7 months to live unless some of, hell lets say ALL those 9 million oppies at 20cents get converted in which case its got 7 - 8 months, to come up with money to continue.

All the points raised re Savanna are valid in fact there is nothing to discuss with this co until it is out of the way, scrap that, why wouldn't it be a T/O target with or without Savanna ?? why would anyone take it over, it dies, the tenements lapse, the Namibian gov't resumes the right to sell on the market surely for less than the price of a T/O and without Savanna pretending claim.