Thanks BTB. Just trying to keep all the holders as informed as...

Thanks BTB. Just trying to keep all the holders as informed as possible and maybe scare the traders into leaving town :)

We should start seeing some good drill results soon and in the back of my mind are a couple of facts;

Bank Votorantim wanted us to have $12 million of our own, we now have $18 million.

DNPM (Brazilian mining department) has already approved our exploration as successful and entitled to apply for the full mining permit (which is quite a distance along). Which means they aren't interested in the new reserves based JORC, i.e. it won't be part of the DNPM process in granting a full mining licence (and we already have the trial licence).

DNPM top brass have visited the mine site recently.

Hence, there is always the possibility that either funding or full mining licence will beat the new JORC in terms of timing and surprise quite a few. The share price has been pushed to one side of the pendulum, it could swing back with a vengeance and unexpectedly.