I don't have a problem with issuing more shares at 0.1c in a CR,...

I don't have a problem with issuing more shares at 0.1c in a CR, and have even a bigger share register. Yes, we need money to drill, there's no argument about it. And if I can't afford to stump up more capital and ended up diluted that's my problem. I don't complain about that. I will choose to continue to hold even if I can't participate in a further CR because the work done to date have shown the prospectivity of the land we're holding. Yes, I commend the BOD for the S32 jv and all the work they've done and what they've achieved up to this point. I just disagree with the consolidation, even though I won't object to a CR.

I think a lot of companies and shareholders have been brainwashed (or is the correct word "educated"?) by the financial types that you have to have a small number of shares on issue, and if you don't then you must consolidate. BS!!!

Why should I care that someone bought at 0.1c and sell at 0.2c and make 100%? I don't! If they can do it, good for them! The point is if they buy first and sell later, the can only sell what they managed to buy in the first place. There is a limit to it. On the other hand the bastards that sell first and buy later don't have any scope to sell at 0.1c and hope to buy any lower. Consolidating gives them that room, to short at 1c and buy back lower while we wait for news.