Ann: Quarterly Cashflow Report, page-2

So DGR still have not been paid the 450k?

Security deposit 305k? T1 modular plant?

They will need money before the end of quarter....three options,

$1 million extra option to CSFA at same terms.

Boost the price to past 3 with production and have some 2c options converted.

Convert performance options for a few extra hunded thousand paid by management and directors...

Cap raise.

They will have approx. 500k in the bank atm a third of admin and staff costs is 160k...

I dont think they are going to risk running it down to the last couple hundred thousand dollars.....unless they plan to just take the extra LIND million...which would make sense and keep conversion at 3.5c....

Surely they wont cap raise for buddies at less....on second thought they did last time....the original CSFA was convertable at no lower than 1.6c if the share price was above that...they cap raised at 1c for a bit over a million which gave them the ability to repay the csfa at 1.29c average....still was a killer deal....but they could have just used the csfa to do drilling and had less conversion in the end...extra conversion on top will have been at 1.6c.....not 1c for buddies by my calculations...

4 trading days to the AGM....GLTAH

We are progressing and mining...which is the ultimate goal!