Basically the company is near broke with no value added since the 20 million rights issue my thoughts. As of 31st dec 12.5 mill left from the rights issue and that was 2 months ago so more like 10 million left after drilling for 2 months and the list gos on . Ok make it app 10 mill left !! Take off 8 million forrest family bridge laon earning a whopping 11% interst theres roughly 2 million left . The interem financial report actually looks like the quarterly in many ways lol. Rehashed again and how sad its become. 8 million bridge loan is due 1st july 2013 . No wow factor in this report and few drill holes with low grade 'wow' in 8 months since the rights 4500m app surface drilling and nothing to write home about and the underground 2500m app 1 hole reported with ordinary results. Great work team ! Stop loss set
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