Cap raising after the jorc which will be about jan/feb if it all. The directors are very wary of dilution.
They will look at joint ventures, funding alternatives that may provide them with a bit of cash and no dilution. As well as the Chinese, the Japs and the Koreans will be all over this. They also have 3 Rivers up their sleeves which could also be flicked off to raise capital.
Big 3 months coming up with further Ngualla drill results and hopefully 3 Rivers drill rsults.
My 50 cent November target is looking very good and $1 plus on the jorc.
wow - all 4 holes over 1.5kms hit paydirt!, page-34
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