1st gold poured turns producer, page-8

SCD most of the investors that subscribed to the C$50 million just hold subscription receipts, a form of paper not is not listed in appendix 3B notices (unless they are being converted to shares). DIO intended to raise C$10 million from retail investors in the TSX listing, as the C$50 went to instos and various bigger players. DIO do not need the money immediately, as my calculations suggest South Kal is cashflow positive to about $2 million a month now, and this should cover exploration and remaining capital development costs for Frog's Leg until that ore gets starting processed about June or so and production increases. Presumably in a couple months things will have settled down, and DIO can test the TSX waters then.

I am hoovering stock up at 1.40. It may go lower, but what the hell........