up up and away, page-2

retrac

I think PIR's MD and directors may be doing a roadshow to drum up interest for a future capital raising. That would have been the reason for the new presentation, and the current shareprice run.

It is great to see PIR reach 20 cents today. We would be in mid 20s (perhaps as high as 30 cents) by now but for the market downturn since May.

Well the higher the shareprice is the better for a share placement - less dilution.

loki