it certainly seems to be looking now, but there was a bit of a scary moment last October when they failed to obtain bond-guarantees for the Department of Industry and Resources and had to stump up $6m from their working capital. Unfortunately that left them with nothing to pay for a $5m convertable loan note. It was looking as though they might've issued another 300%-400% of the share capital. All credit to the directors for loaning the company some money long enough for the strong gold price to save the day. With all the loan notes now cancelled the company should be well placed for the knock on effect of all this paper most of the world's governments have been printing lately.
