The maths is right but the chances of 1 for 100 is trillions to one. The board dont want to dilute for starters so 1 for 10 at the most IMO.
One of the guys I know in the mining game seems to think that drilling at Kelly may start next week or next. Thats the mail he has been given from a mate of his who seems to know whats going on in the drilling world. Time will tell if he is on the money.
Scorp