Let's hope the next announcement is a JORC that provides much more enjoyable reading than today's financial announcement.
A J/V or M/A would be likely. I don't think another round of capital raising would be well received.
With gold being where it is and HEG's "golden" tenements', a cashed up player (which there are a few around) could make a move.
Current gold holdings: HEG, ATV & RMS.
Ann: Financial Statements 30 June 2010 , page-3
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