To clarify. It was suggested by another poster on RCH that a...

To clarify. It was suggested by another poster on RCH that a lender would be lined up to lend against the options now but which have an expiry date of May 2009. the ex price is only 1 cent.

This would fit the rumour but so would a placement. In any case the $10M rumour is very strong and coming from a number of sources.

That would certainly get things moving.

The JORC work is a walk in the park, what I want to know
from new drilling, is does this Moly resource also have Rhenium in it. If it does, we will have a serious upward reassessment of its value. ($18Billion of Moly Metal plus Rhenium?????). Rehnium sells for $US10,000 a kg so if this deposit is riddled with it as many Moly deposits are, then its major party time)