Ann: New High Grade Results From Redbeard, page-22

Yes agree Robbo there will be considerably more cash at bank at the end of this quarter. While the CR speculation is certainly weighing on the sp I’m not convinced one is needed. If the business and project plan stack up Moy can fund the project through bank debt. A $30 million loan over five years means just a $1.5 million repayment per quarter - plus (low) interest. Either way I hope they provide some definitive direction soon.