stuck, page-14

We know where its being spent, funny thing is the co didnt need the money.'
The question is why raise it if you didnt need it, that is why i am interested in who the placement went to, ie was it a way to get a larger firm on the register.
The directors were in europe at the time of the placement and mega uranium(rio tintos uranium investment arm) and kalahari uranium who recently bought into ext are the names being mentioned.
3b will need to be announced soon, if it is a big uranium co likeabove this one will take off again...regardless of how good the results are. It will be a sign of a jv partner and will solve any funding issues down the track