Reflection on Gross proceeds.Offering on gross proceeds stated to be $57 500 000 Canadian.Over allotment option exercised.Appoximately 21 million used within one day of closing to reduce the debt. in US dollars. A further 21 million to be applied to the unwinding of the hedge in US dollars A further 5 milion Canadian to be applied to the working capital . That indicates a total of 42 mill US, add 3% for the exchange I believe is 126000 dollars add the 5 million Canadian, that was to go to operations gives us a total of $47 012 600 for expenditures.Take the given $57 500 000 than deduct the$47 012 600 and that leaves $10 487 400 dollars.My question is ,take away expenses, what happens to the balance.? Was the over allotment not accounted for? Or am I missing something If I am in eror I stand corrected. Some opinions please.Please DYODD. Cheers to all..Josa