Nev,re gold production and funding for the gold circuit.From the...

Nev,re gold production and funding for the gold circuit.

From the Paydirt article......last page

"To be making, 40 to 50, even 100,000 ozpa will be a significant addition to the business. We can leverage off a lot of the infrastructure we have got here although we would need a new distinct gold processing plant.?
Rosenstreich said he planned to use an appropriate mixture of debt and equity to fund the next stage, if testing proved successful"

I agree that once the gold processing circuit gets the go ahead and the numbers are available any equity funding will be way higher than the current sp,as you suggest closer to $1.I to have been using a future fully diluted figure ~250m shares.Unless the gold option 40,000 ozpa is used in that instance dilution would be minimal.