The auditors that were agreed to by a show of hands MUST be made aware that this $6 million is to go into the mine and not into the front office!!!!

Flow-through funds can only be used for drilling. They have to prove that the funds were spent this way to retain eligibility on the issue.

One could look at this in a positive light, in that they are going to be spending an extra $6m on drilling.

However, one can also point out the fact that it would be possible for them to move $6m of existing cash to "the front office" and, in lieu, use this subscription for the drilling, which would effectively circumvent the point of the rules.

I can only presume that they know that they desperately need to prove up more resources. Perhaps they can't take the N43-101 to the "next level" that they hoped without more infill that they hadn't expected to need, and this is a knee-jerk reaction. Hopefully it DOESN'T mean that the drills we don't know about have been hitting poor strata.