Ann: Quarterly Cashflow Report, page-4

We can only be days away from release of the Scoping study and then I would think it will be into a fast tracked PFS.

The stock is tightly held and recent movements have been on love volume.

Funds are not required in the near future or till well into the PFS. There is also the option to sell down their listed investments which would be my preferred option as I would expect greater return on the MZM share price than those listed investments as the PFS and BFS are advanced. Also they have started offloading non core assets which again the listed assets would be considered.

Hopefully the next raising will be north of a$1.00.