Ann: Investor Update Presentation August 2017, page-12

Hey Yatchy, I did not realise you were a holder.
Cheers for the numbers from the AGM. I would be very surprised if the number is below $100m, however, most miners never include all the actual costs to get to commissioning, because otherwise no one is willing to put up so much cash. The question to ask is, after capex, pre-stripping, filling the rom pad for at least 4 weeks, what are the total costs. I have learnt to my detriment, that companies rarely provide the true number to reach commercial production.

Fair enough about the share price, perhaps there are some games being played, but I feel that CMM never seems to raise more than it needs, which ends up always being less than they really needed. Why did they not raise double the amount at $0.12? As straight after the DFS they will raise again. Hopefully for you, above $0.12? We will see I guess.