funding

So no debt secured for Kirkalocka at this stage by the investment bank. Intersting that they mentioned a price perounce of 1600 to provide the loan. The NPV is still 50 million at 1400 per ounce. Some other bank has already been approached, which is good. Funding is tight but this can be a good opporunity to do more exploration and work on some engineering aspects to optimise the project, as mentioned. Gold is on the recovery and once Kirkalocka is up and going, which it will eventually, the share price will reflect the situation. The plant alone is worth 70 million dollars. Not many juniors have that kind of infrustructue in place!