Ann: Operations Update - Mali and Liberia, page-8

If you are of the view that a JV with Randgold is inevitable, then it's easy to see why there is no rush to raise by Kevin at this stage. I would suspect a cash bonus is also being spoken about in addition to JV to prove up and develop Massigui.

Of course more funds will be required to prove up Massigui and take it to production. The question is where will these funds come from? The answer should be here within 3-4 months.