Ann: Investor Presentation, page-19

In this announcement they said they were going to have a sale of rubies this year. They should be accumulating gem quality rubies on the order of US$20 to $30K per day at 525T per day. This is more than enough to keep MUS ticking over without a capital raise - they only need $5K a day to break even.

The management of MUS is personally very highly invested in the success of MUS. The last thing they want to see is a dilution of their holding. I know if I was the MD I would not want to sell any part of MUS right now given the current situation. I would just let the doubters in the market do what they want and get on with finding rubies.