exercise of options & appendix 3b ..., page-23

sure, but that still leaves us with cash of $50m, plus:
- cash flow from the existing WD pit being mined until Nov
- whatever cash flow we get from the WD extension (looking very good at current gold prices)
- interest of $1m per month on our cash balance until the distribution is made
- interest on our tax liability until it needs to be paid at the end of Feb 2012
- copperchem royalties
- mt colin royalties or sale proceeds