Blackham spends $4 Million to find $1 Billion of Gold in a year, page-72

Can't really recall the company indicating that 2017 Sept and December Qtrs will have a major "operational" cash drain. Isn't that an assumption?. In fact with the exception of expansion plans, yet to be announced, it is anything but clear that a CR will be required as a result of operational cash pressures. The "risk" is quite simply production performance and price levels on the income side and capacity to refine C1 and O/head costs. CR position is a personal view.Changing my sentiment to "Buy" at current SP levels. Cheers.DYOR