cashed up but...., page-6

I'm a fan of SRR and I think it has a bright future - and hopefully we get to participate in the next CR for building out the Otjo mine - probably end of year they'll need the $37M don't you think.

I don't get why a fully underwritten renounceable rights issue can't be done - especially with AGO as our "daddy".

Also to put SRR's initial 250Ktpa MN in perspective - and this data is circa 2009/2010

#1 Samancor (SA & 60% owned BHP) 7.0Mtpa
#2 Eramet (FR with mine in Gabon)3.3Mtpa
#3 Assmang (SA - private) 3.0Mtpa
#4 Vale (BR) 2.0Mtpa
#5 ConsMin (Woodie Woodie mine - AU) 1.1Mtpa
#6 OMH (Singapore & AU - Bootu Creek) 700Ktpa


Toss in our other properties and Otjo up to 500Ktpa and we a a true major.