Yes I agree about the non-disclosure of how Stage11 will be financed-I believe this is the main reason for the drag on this share at the moment. Also the track record for details on financing Stage1 was not good as shareholders only found out about the 6.25% net smelter royalty payable to RMB some six months after that financing was completed & they only found out by an obscure sentence in one of the notes in the back of the financial statements in the Annual Report-that's not good enough! Full details upfront this time Bill. The wild card IMO in financing Stage11 is the possible involvement by IMF/'Miga'World Bank-could be a cheap option. But there is no doubt about how profitable Stage11 will be-it'll be very profitable.
