Ann: Trading Halt, page-9

I belief and I have been wrong on my ideas and matching them to companies on a few of the announcements was one of the reasons that this project was seen as being able to be fast tracked due to the existing infrastructure and the additional 50Mill from CD Capital being available. Allowing a situation where start up would be at a percentage of the other site and it would allow us to get into production and generate cash flow to help fund the second project. It would give us approx $60m before off take agreements etc.

They still will need additional funding but i thought with all of the proposed closures in europe of mines that a series of off take agreements and letter of intent may be put into place to fund the debt shortfall and create creditor or banking interest.

i believe that once the study comes out inventors may roll up to put in extra cash , and usually may placement but would be nice to offer to us guys as the same rate as whatever placement as well.