Ann: Quarterly Activities and Cashflow Report , page-4

$5.7mill in gross proceeds so far and $3mill banked to 30/9/11. Given most of the ore was mined in the Sept quarter, the surplus of cash i.e. $2.7mill to be banked say Oct11 one would think would more than cover any trucking/processing/royalty costs (unpaid as at 30/9/11 to be matched against the Sept quarter output).

Yes, they appear to be making money, but this is just the entree before the main game.

Serious re-rating once funding sorted out as we all know the GOLD is there, so no reason why we cant have a plant outputting 60,000 ounces a year....that's serious cash and given our market cap. is currently 'petty cash', I like the upside potential here!!!!