Fair question parrot. Id ask Creasy on the first point - If you cant access him, then perhaps take my opinion that any imminent capital requirements would "most likely" be funded by 60cps option exercise. I very much doubt any placement below this level. Possible but unlikely.
As for bringing into production/this financial climate - Have you ever heard of Voiseys Bay/Diamondfields? Go google it and come back to us here with what happened next..
Im not saying this is of the same standard at all, but I am suggesting that real discoveries have serious value and usually end in takeover scenario's. You don't need to produce to generate a return..
I really have got a good feel for punter sentiment off this board over the week - it really sucks out there.
SIR Price at posting:
56.5¢ Sentiment: Buy Disclosure: Held
