RE: placing23 Oct 2015 07:02
They have plenty of cash in the bank for day to day stuff - funded until late 2016, however if they want to increase their investment in GMSI at an already agreed price and KGLD will be aware of the drill results (KGLD, GMSI, and SUN Mining And Exploration Limited are very much interlinked) then that will be very beneficial to us and will increase our NAV significantly.