Ann: Quarterly Activities and Cashflow Report - App 5B, page-20

The market is illiquid...dropped 6.5 c on a traded value $8750.00 and hence a change in MC of $39 million...forget looking at market gyrations!
Only $2 million left in the kitty.It is hard to see them not doing a CR unless of course they can call on the Chinese anytime they want which I am sure they can.So they can hold off until it is really necessary.Remember last time they got into trouble they did not have any working capital but the time was different then low zinc price and a higher $AUD and we all thought SPM would ride to the rescue.One would think if a placement was required it would be at 60c+.