SP?, page-114

I am with you on this Muzz. I am disappointed though. The $1m line of credit was still available as per the last quarterly so my question is -Why ask shareholders to tip in again when there is already a million dollars available? I think it is a fair question. The answer may be that Shareholder funds don't attract a 10% interest rate. If that is the case what is the point of having that facility set up in the first place? I am as pro NAG as anyone but I dont think this capital raising will be well received. The sales of gravel etc are obviously too small to carry the costs but I personally think it is a bit rich asking holders to put in again particularly after the most recent poor drilling results. We can hope but hope only goes so far.