Yes negativity and risk aversion are holding TTRs share price...

Yes negativity and risk aversion are holding TTRs share price down like a lot of others across all sectors.

Nice result for JML though......I hope they continue to accumulate cash and perhaps play a significant supporting role for TTRs capital raising (i.e. underwriter as suggested).

A day will come though in a couple of years (perhaps just when TTR really ramp up to full production and cash is flowing) when the GFC is past history, sentiment changes and speculation cranks up again.........we have seen it all before however not quite in the same context of such a massive global financial meltdown. It is as sure as night follows day that better times are ahead so we just have to be patient. You like JML and the way their management operates and the share price will have it halcyon days again. Good mining companies just have to get through the tough times and be around to capitalise on the good times.

I am confident we will still see a good rise in the share price after the DFS when more mining investors start to recognise the validity of Phillips River.

Really though how relevant is TTRs or JMLs share price at the moment to loyal holders. It is only really important if you need to sell. As far as the projects capital raising and go ahead is concerned it is largely unimportant if the majority of funding can be debt funding. For debt funding the only important factor is the quality of the DFS and the JORC reserve and resource. At the current share price and sentiment of the majority of investors it is questionable trying to raise a large slab of funds through equity. It could be done by large exclusive placements to other cashed up mining companies (Asian or Australian) but that could hurt investors like you and I. I am sure there will be an equity component but I am confident it will be in the form of a "fair to all" rights issue.

Hahndorff Mill sound good to me GZ!