Ann: General Security Agreement, page-750

your insights are appreciated thank you. tough decisions will have to be made by all with MDI.

I'm disappointed with myself that I missed something so fundamental as the COST to operate the plant @$2,500 per Oz. That alone would have reduced my investment in MDI. When you think you have derisked a company as much as we all did with MDI, you still don't always see the blindspot. A LESSON LEARNT when dealing with explorers.

I agree that they won't be able to get this running without further deposits and we can only hope Rick gets a few deals over the line. I guess you'll be able to work out Rick's sentiments if you are calling fortnightly for updates.

A Day prior to the release of the FS, I was close to doubling my position but the delay in FS was a warning light to not overcapitalize. Thank god!

Onwards and upwards from here.