Yank-
I had previously read the announcement and commented because even with the 10Mill capital raising, the management have splashed a significant amount of cash around.
We had $56 million in cash as of June 30. Since then we have committed to a $7Mill mine, $37Mill to HSK, $30Mill to NQM and $10Mill capital rasiing. So we should have approximately -$8Mill in cash meaning we will need to raise more capital at these low levels.
