Ann: Investor Presentation, page-10

cashedupbogan

I disagree that they can't go it alone, the capex is less than $30mill which isn't a lot
these days,one of my other goldies raised approx. $12 mill just recently with no problems

there seems these days to be more varied options to raising the cash and as I believe
when they need to get the cash later this year /early next year the aus gold price will be stable
around $1600-$1650 ( hopefully higher ) , so some combination of pre-pay, hedge,debt,royalty stream and equity finance
shouldn't be too difficult

cag