page 3 of todays release.
"further funding is required in the near term."
"the company will require additional funding of approx $10m during the December 2007 Quarter and further funding of up to $10m during 2008...."
"currently considering both debt and equity funding alternatives."
Well there ya have it.
Page 4. "During the year the company raised $52,423,130...."
Recorded a Full year loss was $56.309 million dollars.
and
Page 5. "paid Bemax $750,000"
I cant see the reserve/resource stuff yet....
Observations, never investment advice. Please do your homework, and if in doubt seek independent professional advice.
capital raising
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