rocksteady red herring

It is interesting to see that now the options have been taken up the purchases of the small bundles of shares, that pushed the share price up to 5 cents making the options seem like a good investment, have slowly dried up.

We now have raised 400k for “Rocksteady mine studies” and 290k for “Rocksteady project development”. What does this mean? where is the money going to be spent? Is this on a drilling program is it to pay a consultancy to conduct a feasibility study? Or is it to sustain the salary payments for another year including John Greeves Salary of 500k.

This capital raising is on the back of a “Positive scoping study” that provided no financial information other than the wording “positive costs estimates”. Where are the numbers?

The resumes of the MYG staff read like the who’s who of the Perth Mining industry yet they cant give approximate Numbers?

Mr greeves please give some numbers to show that rocksteady is not a red herring to sustain your salary.

Or alternatively you could demonstrate this by foregoing you salary.