"The next step is to acquire a processing plant and our...

"The next step is to acquire a processing plant and our discussions are approaching completion. However our cash position has now fallen below acceptable levels and the Company is instigating a capital raising. Details including pricing and record date will be issued shortly, but the Directors have agreed that if necessary, they will offer a Share Placement to which the Directors (with shareholder approval) will subscribe, to ensure that at least $250,000 is raised."

Good to see management putting their money up.