The DFS was announced in October 2012 was updated by JG and the...

The DFS was announced in October 2012 was updated by JG and the team in September 2013 when the gold price tumbled 25%.

I'm stating as a shareholder I don't mind paying a premium to GR if current funding overtures from lenders require an indication that there is a willing partner on board with DFS representations. The reference to $10m was an exaggerated representation of my desire to get things moving now rather than waiting another 3 months.

I don't believe we should take any old offer that's on the table but I am willing to accept that MYG pay a premium to get the Project moving and continuing with additional resource drilling along the way. We have based a large part of the mine plan and DFS/BFS on the work GR and others have performed so I'm willing to back the competency of that work. If funding is received lets execute the GR contract that we have already signed with them in 2012.

To answer your questions:
• Our share price is where it was 12 months ago yet gold has hit 12 month lows. Within the last 6 weeks the SP has hit 0.04 on two separate ranges and aside from Sep '13, it's been about 18 months since we saw trading at that level. Whether that's down to smart marketing or something more fundamental, I actually don't care as it provided me with the opportunity to recover some losses.

• Maybe you can tell me what the analysts think as I am only privy to Patersons and the recent article in the Australian (not to mention the local rag sharing the same AP wire on the MoU)

So far from your comments it seems like you want to keep drilling the ore body out rather than accept that the current efforts to secure funding might be in our interest.My position is go for the funding. Until it transpires that funding talks fall through and these recent announcements were false and grossly misrepresented to us - then we will always have a difference of opinion here.