thanks happyRe harts, yes funding difficult, hence the...

thanks happy

Re harts, yes funding difficult, hence the announcement re JV with Branvest to got a definitive feasibliity study...re a study without bank involvement.

I Expect in the end Richard Brant and his GMA Garnet (of which he is CEO) will end up fronting the cost of alot of it.

They have already stated that their intention is to commence with a 'small start up plant' of $4 million...this should be easily funded by Keysbrook (Whcih should be running for a while).

The larger 300KT pa operation would then imo be funded partly by GMA Garnet...unless Richard has enough money in his own Branvest.

I will be contacting the company soon to sort some of the about to see if my thoughts are correct.

Cheers

Cdchi1