for those that dont know, page-22

This-is-it:

You obviously do not read the threads, or have a short memory.

Here it is, from Lordkoala recently:

"GPN has often been critixised for having no cash to fund future exploration.

Think about this scenario:

In a few months, say when YRR is trading at 70 cents, GPN proposes a in-specie rights issue of 1 share in YRR for every 100 shares held in GPN at a given entitlement date at a discounted cost of say 50c.

They would therefore be offering a minimum of 7.7 million shares in YRR, plus it would be a great encouragement to convert GPNOA into fpo to be also entitled to this offer.

So, let's say GPN would issue 10 million YRR shares in this rights issue. That would raise $5 million from the rights plus say at least $7 million in vonverted GPNOA (if say 230 million OAs are converted - much more if say 500 million or more are converted).

When that rights announcement comes out, it would, imo, be a catalyst for another surge in the GPN sp - as people buy into GPN to get the YRR stock cheap.

In addition, it would open up the YRR register. GPN will own 70% of YRR on opening - it would make better sense if they owned less than 50%, with many more YRR shares available on the market. Howver, if GPN needed to place an escrow on this rights issue, I don't think it would adversely effect the issue too much, as the discount offered would outweigh the escrow period.

To me, it is a win-win situation for GPN and its shareholders.

Will it be considered?"

Cheers