Ann: Financing Arrangements - Mt Carbine Quarry & Mining Leases, page-80

My understanding is that Cronement will do all the funding, all we are waiting for is a tailing test to determine the quality of the fines contained in the tailings and at what quanity these fines are, whether this is included in the tailings as okay or whether this amount is deducted from the total tailings. No good buying 100 tonnes then finding out only  75 tonnes is any good. The BOD are very confident it will be okay. In any event the tailings and stockpiled hard rock is only a bonus to the whole operation. All funding will come from our JV partner.