company update, page-103

God there is so much crap posted on Hot Copper.

For a junior resource company, dilution / debt / farm down is a fact of life to get a project off the ground. If you can't accept that, go buy some Tesltra or Commonwealth Bank shares.

Fact is we have a wonderful project in Kangwane, with quite moderate capital costs.....but it isn't going to get off the ground without dillution / debt or a farm down of our interest. And that's a fact.