Ann: MT Survey Completed at Burra- Drilling Target Identified, page-27

I don't think they will. Top 20 holds 70% of issued shares so they won't be short changing themselves.

Plus they have plenty of options: they have existing relationship with Soul Patts, and I will be extremely surprised if have not been approached by the big boys yet for Burra. They are not desperate for the Chinese money.

They do need cash in the short term so a CR is expected. In any case, top 20 shareholders will likely to be more than happy to fund this if required.

From my understanding, their strategy is to monetise Mt Freda asap in the short term by toll-treating/ selling ores to 3rd party. Mining leases are all in place. The cash generated will then be used to extensively drill out Burra.