Plough: "I fear these guys will end up burning through their...

Plough: "I fear these guys will end up burning through their cash they have too many projects."

GSC is the outcome of a project that has been advancing for quite a few years now, and the board and management team is very accustomed to living within limited means, and the need to husband cash.

I think that you will find that they will spend enough on each project to advance each to the point where other funds can be raised, either by spin-offs to shareholders, or, depending on the circumstances, by joint venture to other companies.

On occasion, where results are particularly encouraging, they may fund drilling, but I would be surprised if they did that without having a plan to replenish the funds committed by one means or another.

So, I guess I am more relaxed about that issue than you appear to be.