Hi mumbly, The debt and fund working capital in 2013 was for...

Hi mumbly,

The debt and fund working capital in 2013
was for

"The Board has full confidence that this strategic turnaround can now be implemented successfully with the
opportunity to deliver strong earnings and cash flows thereby maximizing shareholder returns. We would like
to thank you for the financial support you have provided us over the past few months and look forward to
meeting you at our Annual General Meeting in November 2013. "


Then they started to run out of money, & did not achieve what they had
planned ( Bad management)

So they could not come back to the share holders to ask for more money,
so they went for that Credit Facility and Red Arrow Acquisition
then they Terminated it.

And now come to the share holders for money, & making it look like
because of the Termination of the Credit Facility & termination of the
Red Arrow Acquisition.


I have no faith in Managing Director Mr Michael Robert Reed

We should go into care and maintaince

And when the silver price goes up, get some one that sets out a plan to
run this company & that what they say is what happens.