Interview: gives additional insights, page-5

Future cap raise is a certainty, what is the timing? They had about $4.4million AUD at the end of September, coming into the drilling campaign which is partly funded with shares. It's not a very big campaign and RC not diamond drilling. Allowing opex as well i would think there should be at least $3million left in the kitty, probably more, and we're not drilling for this quarter. DHEM won't cost a lot and Zambia studies also should be reasonably cheap.

My thought would be there's enough funds to complete current campaign (including Arya) and design and run a 2nd more specific campaign at Big One, including a bit of diamond core before another cap raise would be needed. Ie mid year. However no board on a junior is going to let a price spike go by without a raise and chance to build in insurance. On that basis, the data out of remaining assays followed by possible JoRC is likely to provide the presentation they need to go to sophisticateds for more money - March?

possible alternative - maybe he does a deal with a major if the data is good enough? Indications in the video that he's open and always talking. The Chairman is ex- Sandfire of many years.