IR is very responsiveThe $7 dollars share placement was hurting someone real bad. We could be here a while longer if this opportunity suits them. As for the company and it's prospects; excellent from here on out. Bob Tait's answer proves by extension that Miller had pushed fear into the market. 50 Million with this scale of project should not have illicited his dark warnings about the project, driving the shares to a $1.07. Irresponsible!
My question is what is the right number of dollars needed to complete the projects both MWS and Ezulwini.
Bob Tait's answer
Themoney being raised is primarily for MWS as the majority of the capital projectat Ezulwini has now been completed.
Management estimatesthat, based on the current revised and restructured mine plans as discussedunder the Operations Review and Outlook sections of this MD&A, theadditional cash required would be approximately $50 million.