Ann: Maiden Resource to underpin Nullagine Restart, page-115

If the cash balance is only $12 million what makes this even more bizarre is that $5-6 million was raised by the SPP during the quarter, without that the cash balance would of been only $6-7 million, when there was no cutback, supposedly accessing the deeper higher grade open-pit ore, spot gold prices averaged $3550 for the quarter and there was no development costs for Blue Bar or Bulletin or for the Klondyke underground mine. So where did the money go?