re: Ann: $15m Placement and SPP Drive Product... We could have...

re: Ann: $15m Placement and SPP Drive Product... We could have over 400m shares on issue soon. If the exploration program finds gold then what? By the time they prove up a viable reserve, do a feasibility study etc they will have come back for more funds, unless the Crista project is up and running and able to provide positive cashflow.

Then to actually get a mine going in Peru further funds will need to be raised so more shares will be issued.

Where and when will it end?

This idea that they will get the Peru project off the ground this years seems far-fetched.

loki (as ever the optimist)