Ann: Quarterly Activities Report , page-5

I think our worst fears have been confirmed.
Cost of production $8.4 million,
Sales $8.9 million.

Why would you bother digging and trucking?

If you hit slightly lower grade, you will be actually loosing money.
All this is doing is putting money in Barrics pockets.
We would be better off leaving it underground, until later, and put all the efforts into the crusher.

Development and administration is burning shareholders funds, including the new capital from the recent capital raising.
No wonder people are pulling out and reneging on the capital raising. To pay 8c for something that continues to drop and can be bought for less than 5c on the open market is not a way to achieve a rapid wealth.