Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-8

disappointing and not impressed with the communication around the issues.
That being said the grade issues are just the nature of narrow vein mining which is infamously inconsistent.
Can still easily turn things around, just need one good high grade patch and it will be champagne and caviar.

Dilution and options are unfortunate, options will be a weight on the sp, will really need to see strong financial results and cash build to see the sp appreciate as I highly doubt even strong drilling results will move the sp.
Overall unfortunate turn of events but not disastrous yet, could easily see a turn around in grades and profitability in the near term. Management seem to be responding to issues pretty well, some on market purchases was a nice gesture.
good luck to all