Windarra needs $15M for CAPEX/OPEX and contingencies and settles...

Windarra needs $15M for CAPEX/OPEX and contingencies and settles in 2 weeks. Equity component is $5M??? (my guess of 25M shares at .20 cents) This is a very small amount. Value of 350,000 -700,000 tonnes of output at 1.4% nickel is around A$90M - $1890M per year, before set-offs for processing and contract with BHP starting in late January of 2015.

Black Swan and Lake Johnson settle in 3 and 4 months. So settlement here is staggered and financed in December and January. POS stock price looks like it is set for a major and very significant re-rating. Good luck to all longs.