ZINVESTOR$4.5m cash, a further $8m convertible notes. That's not...

ZINVESTOR

$4.5m cash, a further $8m convertible notes. That's not a lot of cash to get a mining company to production. Are they going to build a conventional type processing rig or is it leached heap. If its a conventional type mining operation that could well cost over $100,000,000usd to bring to processing as it did for BDR $120,000,000usd. They will have to come up with a finance agreement or farm it out and take a small cut. A big institutional placement might work for some of it but that will dilute the profit greatly. In this climate I wish them luck in getting a financial backer.