Ann: Decline Milestone Exposes New Mining Zones, page-8

Dred - I sort of disagree. Management bought an "uneconomic gold mine & plant" (proof of this are the 3 or 4 prior corporate wreckages that this gold mine & plant have delivered). Since the purchase 6 months of no revenue - and 6 months of god only knows how much cash burn? Basically KAU have bought a "care & maitanence" scenario - and the cash KAU may have currently I am concerned will not turn the current situation they face around. Any future capital raising will have be done at a big discount (to the current price) and this will overhang the market for a very long time to come. I am sort of concerned about this plan.