Shareholder Betrayl of Judas proportions, page-2

Mr Vain. I think you are being a little tough on HRR. Project funding for ASX mining (Non gold) companies has been rather difficult of late. Look at the problems PLS & AJM had with their funding packages. They ended up with a lot of equity and very expensive debt. Funding for WOODLAWN was never going to be easy BUT they did it! Standing outside and looking in, it is easy to ask why they didn't do better. BUT when your the man at the coalface and you have to get the job done, you do the best you can with the tools you have. I think they did the best they could and at some future point when WOODLAWN is at full production and extending its minelife, the SP will be a lot healthier. Just imagine what would have happened to the SP if they had been unable to get project funding. 7.7cps might then have looked stellar!