capital raising., page-6

This makes sense. 2/3 debt, 1/3 equity is a reasonable balance.

Don't particularly like the 84c but I guess it's that or start delaying the project and I think that'd hurt more than anything else. There are lots of good GP forecasts coming out for 2014 and I don't want to miss that boat.

As for Keegan, they have the money, PMI has the project, but I still don't like the sound of it. They've clearly got issues and probably need a much higher gold price despite what they are saying.