Ann: Awaking a Sleeping Giant as High-Grade Results Continue, page-36

I would rather have $2,500 oz for $21 mill. paid upfront. Than hedging producers right now. I think Red would be jealous.
Mind you the rest of the forecast 60 oz production is unhedged.
NO NEED FOR CASH RAISING. Just the $40 mill. debt raise.
Also this share price is not based on free milling AISC over the next 9-12 months. @ $1,975..
We are looking upon reserves on sulphide over the next 5 -10 years.
Based on recent drilling results it is not looking too bad.