Ann: Full Year Statutory Accounts, page-4

McHale, I take your point that a DFS/BFS requires a huge amount of drilling, however I'm not sure what it will happen (or is needed with this ore body). AML have spent most of the current drilling program at the Resource and in a recent announcemnt AML said they had completed the infill drilling at Vardy and were focusing on completing the infill drilling at Marley. So rather than spend a couple of years and many millions on drilling the Resource in order to satisfy a bank, they may already have the "sofisticated" investor who is ready, willing and able to fund and fast track the open pit mining and processing. The fact that they are pushing on with the various studies needed for mining approval, may be further evidence. Once the operation at the Resource is providing cash flow, they can drill the rest of the ore body and plan expansion. All just speculation, amigos.