phantom,It's also equally as pointless thinking that someone...

phantom,

It's also equally as pointless thinking that someone will provide the funding (through either debt or equity) to increase production capacity when we are only showing a resource of 12Mt.

We have to change both of these positions, capacity and resources and in my opinion (as most small caps will attest) spending $25m to achieve a decent increase in resource is easier at this stage than convincing a bank to give us a few hundred million to increase our production capacity, and promise them that we will be able to pay it back when we find a bit more ore.

Cheers

Badfish