True, falcon, but there is funding....and there is funding.We...

True, falcon, but there is funding....and there is funding.
We want the most favourable terms possible.
Some banks insist on hedging a considerable portion of the metals produced.....and in US dollars. We dont want anything like that, cause it might turn around and bite us. Companies with sound economic management have collapsed purely due to imposed hedges. I hope our directors are keeping that in mind. If one is in a strong position, one can tell the bank to "stick it". If one approaches the bank "cap in hand", one has to accept the bank's conditions....which are generally only favourable to the bank.

GZ