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me - I would not write off further large drops, as it stands we are not funded to become a teir one producer, the $20m offer for the washplant is conditional, we need a further $10m for infrastructure works, if this comes from dilution then it is more than our marketcap so could be 1 for 1 so thats .25 before you start. Even if we do get to tier one then unless the commody market picks up we will struggle to get a decent margin, also while not producing they are burning through cash so anything we have at the bank which I think was $8m but the costs are $11m, you can work it out for yourselves, I've been in this for ages and am angry that the bod has lied to us and bent the truth, dog of a share which will go down with many other as AIM disasters IMO!
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