Ann: Quarterly Activities Report, page-14

Currently we appear faaharked.

But we all know this. The mkt knows this..

The reality is that we have 3 mill cash, and the LKO holding. We are not super super cheap at this point, could go to 0.04.

But at the end of the day Mather is about to get a massive pay check at SOLG and recapitalization of one of his favourite nag will be close to top priority. His cheifs have been taking shares over cash and are heavily invested- although I wonder if this still continues. They will be in his ear dont worry about that.

NM probably doesnt have the time at present to consider DHR too much, but you just never know. ANW will be first priority, and raising is probably already underway there. Wait for some strength to return to Argy currency first.

It comes down to whether LKO pull something off in the interim i.e the rules are relaxed or they score a permit offshore.

A reaming of epic proportions tbh and imo.