Ann: CARLOW CASTLE Au-Cu-Co METALLURGICAL UPDATE, page-49

VXR are pretty low on cash for the stage they are at. Financing is always a big hump that generally tends to erode share prices, particularly given the current sentiment towards juniors. It does have a lowish number of shares on issue that might help mitigate the erosion, especially if they are tightly held. Brave soles those who back mines in the Pilbara on an uber drivers salary.

ARV is in an ugly pattern of uncertainty driven selling. In the long run they are in a better postion since Elvis left the building but I really don't understand what the sheik is doing here. It's not a big picture investment anymore. Witwatersrand version 2.......lol was the big picture. I don't think he is stupid enough to spend money on a face saving exercise, there is plenty more where that came from if he is kind to his old man. Esh