this pig could fly, page-61

Only just got home but my broker emailed the anny. As much as we dont want more shares on issue the cash should get us a Jorc and a nice extension at Kelly North. Plus a few extra results at other areas. I still think we had enough cash to do this without this extra money. Maybe they have something else on the boil. Angk i agree with some of your comments.Im think your right in saying watch for a big spike mid or late next mth after raising. Last time they had this sort of money they drilled 20,000m or so. You would think we could double the Jorc resource with this money combined with whats left. If i was in charge i would drill like mad and quick then do a share consolidation - 1 for 10 then do another raising(1 for 1 to get around 450,000 shares on issue and with that money start getting the gold out of the ground. I would want to raise $15 to $20m next year and provide the market with a full plan of plant type ,mining and possibly a JV of some sort. Maybe its a good thing im not in charge. Do i have the wrong ideas?


Scorp