is this where we are at?

I have finally made the plunge into aam, although some might say perhaps a little too early.
I fully expect a cap raising will be made in the short term future, they have always been approx $5m short for this operation and have been floundering because of this and perhaps a few porky pies in the past hasn't helped their credibility with their shareholders hungry for the facts.
With a jorc resource of approx 1.3m oz and current market value of $31m, I feel their is still plenty of equity in this project for a capital rasing of $5m which would involve the issue of between 35m -40m shares. This would in effect bring the market value up around $36m, not too bad a position if they really have overcome their production problems and actually complete their much publicised gold room without delay.
Well we can only live in hope.