Ann: Trading Halt , page-11

Btw, 5day vwap is 2.05c. If the terms of the placement are an 80% disc to 5day vwap, then placement shares will be at 1.64cps. If the full 101m shares are taken up, the company will get $1.65m for working capital.

I hope Spozzie is right and Xstrata buy in. Failing that, more shares to Washington H Soul Pattinson would be a good thing. They're long-termers. Alternatively, this so called boutique company might be the go too. They might be planning to buy on market and drive the share price up to a range where fundies are able to get involved.