Ann: Quarterly Cashflow Report, page-7

Agreed, we have enough funding to get close to start up, although we will need to secure funding for it. I would also expect spending to increase from the end of the last quarter through till that point, with increased costs associated with DFS, BFS, BOA contracts, engineering for plant etc. So the 4 quarters may realistically be around 3. I would expect to see one by end of October, which will hopefully include funding for plant through bank loans, not CR and dilution.

Sometimes it costs money to make money, it's not like we're trying to find a never ending drilling program is it...