Best guess at amount raised in placement., page-5

I think 6-7 million would be a fantastic result all round. That's enough to keep the doors open, pay the bills and leave a few dollars in the bank for running costs. Forget the JV money it won't happen. I wouldn't be surprised to see a whole new game plan by the new board come mid January. Forget the bragging rights of who has the biggest deposit, let's face it, it won't get mined. Some small ROW off takes, sweet deal with GK and move on and run the business supplying enough to meet demand. Super puts are super dreams, forget it. We have had our crash now, we've felt it, it's hurt but move on. The rest will have this and it's going to hurt them even more because not only will pockets hurt but the ego's are bigger over the fence. As I previously stated, we don't want the 11 million, to much dilution. Let's get a good solid plan and spend the money wisely and be ready for a new modelled insto backed 2016 with a German relationship to move forward.
Best wishes for the festive season to the true long term Ton faithful.