The 59 million the lenders waived from the loan more than...

The 59 million the lenders waived from the loan more than compensates the dilution of the recent placement.

I cant wait for the rights issue to fund the underground development it will be at much higher levels than we are at now.

The next positive production report combined with the rising copper price DML will be on an steep upward trajectory. MC is under 20 mill with and debt down to 100mill - no repayments for 4 years and very long term.

This great news while the mine has never performed better and getting costs down towards the inital estimates. Still some execution risk but not a copper play i would want to be out of! Upside enormous.