party time, page-9

favfc,
I take your points re cash burn but what concerns me is the rate the company is churning thru the cash that we long termers have placed in their care.
At the current rate they will need to have another cap raising before the next 12 months is up and that is what is worrying me.
We allready have had an enormous dilution of our investments.
Remember the SPP at $0.43 was for the advancement of Wonarah and we still have no idea when and if that will get off the ground, also you may or not be aware that MAK prior to the SPP at $0.43 also had a cap raising at $1.50 per share, how do you think those that took that up feel now?
That said, i was pleased with the quarterly in respect to what was stated re the VERTE deal and it could be an interesting period after the due dilligence trip in February?
Cheers,
dapper