I wouldn't expect a CR to raise the funds to build the first...

I wouldn't expect a CR to raise the funds to build the first underground gold mine. At these gold prices, I would expect a gold streaming loan at market interest rates, whether funding comes from a fund or BR and other wealthy investors in WA, I don't know.

That is what shareholders would prefer. To keep the funding all in-house, if it is possible.

Since the gold starts from surface, they could begin to repay the Gold Steaming loan almost immediately.

With the gold price above $A2,000/Oz, currently at $A2,400+/Oz, Siren Gold is sitting in a very enviable position.