Ann: December 2012 Quarterly Activities and Cashf, page-6

re: Ann: December 2012 Quarterly Activities a... well,tried calling twice on Wens, no answer. Emailed and got a response from Martin, pretty non-descript, as they usually are via email, covering their buts. Steinpries are at arms length which is good. All financing options are open, he did not answer the question re do they need to cap raise before project financing is finalised.

My take is of course they will, 400k does not last long. I'll hold off buying more for now and the indicators to me is there will be a interim cap raising in the high 5s - low 6s of maybe 1-1.5mill