Ann: Quarterly Activities Report , page-6

Once the MD made it well-known that he was committed to $500k in the capital raising, he should have stuck to that commitment. It's just not good enough to everyone else involved or relying on him for him to later decide to scale back his own commitment.

However, on the results people are forgetting this q is reporting the start-up period for an underground mine and production is only just now hitting stride. There will be good margins ahead. Below 5c on offer now will turn out to be very good buying, imo. The mine is not worth less now than when bought needing dewatering and reopening and at much lower pog.