prefeasibility study successful fast start pro, page-3

how is this ann good?

they have less than $10mil in the bank, I think i read from skimming over it costs $35mil to buy some of this kit. That leaves them $25mil short, then they said that doesnt include other costs.

They also still need millions of $ for mining costs to get the stuff to put in this.

They said it does 300,000 T (but over a period of up to 2 years according to last report) works out to $35mil P.A after leaching costs in revenue, less after tax's.

There is no way after these costs and that revenue is going to make a profit first couple of years after it begins running far down the track!

You need that $46mil from those options, which doesnt come till 2012, and even then it will water your share holdings down by 40%

My bet is AF is going to water down your shares even more and ask you guys to pull out more money from your pockets to buy more stock to fund all this.

sorry PaulPommy I can't see this stock hitting $2 by xmas, let alone next couple of years! maybe I should take up that meglamaniacs bet on 50c!