RE:RE:RE:RE:Phase 2thanks shneps, the 50 million is a JK number for a feasibility study, the company talks about, or used to put a timeline in the presentations outlining a "pre" feasibilty time period, which moves resources from inferred to an indicated, but not with the same level of confidence as a full FS. A good explination is a PEA is what it "could" be, a pre FS, what it "should" be, and a FS is a what it "is", bankable, and fundable via banks. I believe the 50 million JK tosses out would include the "pre" part of the study. But, is a pre FS required? Jury is out on that, some would say yes, some no, its a waste of resources, lets move to FS. But lets assume it is prudent and required, Pre budget is 20 million, large bulk samples, 10-20,000 tonnes etc. Then 30 left for a bankable FS. So what then? If no partner at this stage, raise 20 million for 2 years of pre FS work, float now becomes close to 700 million, not what I had in mind when I went long, but still very possible. If it happens, without deep pockets to fund it, I will step out, maybe a bit bloodied, but think I can get out without too much pain, 12.5, then party is pretty much over IMO.