Ann: Trading Halt, page-8

A lot of that money has gone into my pocket!
We bought an old plant that needed more work done to it than first imagined. We have still spent considerably less than half the cost we would of building from scratch thus keeping our debt and SOI VERY LOW indeed for a company a few months away from being a 120,000 oz producer.
There are many money pits on the ASX.....at less than 300mil SOI BLK certainly is not one.