Ann: Silica Sand Processing Plant Design and Costs, page-17

Well I guess I am guilty of up ramping based on the numbers but I am still bamboozled as to this timeline compared to what we had in the early days. I must dig that out and compare.

What gets me now is the appointment of offshore marketing (some months ago) if we won't be in production until the end of next year at best. Getting funding to build and survive between now and when the first bit of cash comes in is a major topic. A CR would be rediculous because it would have to be at a significant discount and there would be a huge dilution of shares. Raising debt would also be trick because of repayments. So i hope Bruce has something up his sleeve on this one.

Will just park my shares, tuck them away and have another look in about 1.5 years I think.