Ann: Extension of Closing Date for Rights Issue, page-16

All you have to do is look at Jiangsu Precision Gear web site and
I think most shareholders will conclude that money will not be a
problem.This principle shareholder would not go all out to
underwrite such an offering if it did not consider A-cap
a bargain with such a large world class resource at a mere few
cents per pound IGV...not to mention the probably underestimated
requirement by China for uranium..as per usual..and the definite
scope to further develop Africa power requirements with an insitu
world class resource ready to go............ China as investors know
has a habit of operating under the radar.I did not know
until recently that China is developing a world class
Public transport system in Etheopia .so who knows.

So lets not talk about the obvious,but the possibilities of
uranium being a major player in a "low Co2'..environment
and an immenant price correction to accommadate .well..
at some stage everyone wanting to lock in uranium supply at the one
time..??

Cheers