cash is king and 20 mil will help sp, page-8

the selling of PIR possibly shows just how hard it is in the capital markets at the moment. With GRY resources one would think in fairly good position, but alternatively sovereign risk etc not good to raise $$.

captial markets driving hard bargains atm and GRY will have tough choices on fundingarrangement which will not be cheap. the extra $19m may assist in this matter