what is going here, page-15

On first read yes good announcement, nothing bad, but maybe some are spooked by the very last statement re Mt Carbine. "The Company has an option on the Mt Carbine Tungsten Project until 1 December 2007. At the Company’s Board meeting held yesterday management was requested to progress purchase discussions with the owner." RAU want it, make no mistake but how are they going to pay for it plus the further drilling program? Unfortunately I see another placement, possibly 0.10 to 0.11 and allocation of shares to Nicholson group. The only other reason for the sell down is bad drill results, but I don't see that, J.K has stated on BRR that all is good there, especially Mt Carbine. Personally I will stick my money on the first option, remember the sell down after last placement @ 0.075.