It is nice to see the $5M facility yet to be used and $1.4M...

It is nice to see the $5M facility yet to be used and $1.4M still in the kitty. The $14.M is more than enough to get through the current quarter and hopefully get us through to the Feed Study and offtake releases which will drive the share price a lot higher and create a genuine re-rate. I still expect the share price to recover comfortably on bullish lead, silver and zinc prices alone. However the more news released, the better to attract more attention from the market in these amazing conditions!

The one negative I had was no news on drilling the Seismic target or a stage VIII drilling program. I suppose they are in cash conservation mode right now with a focus on releasing an offtake agreement in the current quarter and getting costs down in relation to metallurgical work in order to further please the financiers. Both offtakes and reduction in costs will result in a genuine funding announcement at some stage in the next 6 months IMO. Although in my view, further good drilling news from a VIII program would also contribute to fantastic funding results so I would not mind at all if they dipped into the $5M facility and got that drilling done in the next 3/4 months while the conditions allow.