page 3 of todays release. "further funding is required in the...

  1. 713 Posts.
    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.







 
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