Ann: Preliminary Final Report , page-4

100 % agreed mate, cash balance is dwindling, kind of normal for companys to release much of nothing announcements to try and re-intice investors back into the coy and hence invest.

The difference with BGD is that its fantastic timing and we know there is no hidden agenda as we have independent advocates such as the premier backing our project which was just released last week.

dilution is inevitable IMO as we cannot take a loan out based on 0 revenue stream.

I just hope they can hold off until the MOU has been crystalised that way SP rockets, and when SPP comes in or rights issue comes in, the purchase price is considerably higher than what SP is now. This will mean less dilution and more cash per capita.