Ann: Quarterly Activities and Cashflow Report, page-25

For other readers info, all here should be well aware that the end game for Redmoor project, a joint venture with Strategic Minerals is to bring it to production. To say there are no options left for NAE is just plain wrong.

If we cannot fund the Redmoor project into the future we have the option available to use equity in our Redmoor stake to pay our share. Secondly if you do some due diligence on Strategic Minerals and how they have acquired companies and projects in the past as well as how they decide what projects to buy, you would not be so quick to dismiss the rumour.

Oh and @Realbarrow, I will be sure to answer your question in the morning when Im in front of my computer.