change in the wind, page-6

They need the money in the bank whist doing the rounds for funding, to show financors they have the $$ ready to go.

Broker update:

Credit Suisse 13-Mar-13

The $1.1m first half loss is irrelevant for Credit Suisse as the focus is squarely on the funding of Banfora. A formal financing process is continuing with arrangements expected to be in place by the September quarter.

The broker's earnings and target changes mainly reflect the November placement and the pushing out of first production forecasts at Banfora. The Outperform rating is retained and the price target is $1 from $1.25.