Ann: Trading Halt, page-7

These are not the prices you want to be raising capital at. However the massive sell walls of recent months even with all the extremely positive exploration news out of Botswana and Brazil, makes a lot of sense now. The institutions have this stock by the balls and wanted to be part of a raise at a share price as low as possible. I doubt retail will be involved in this one since we were in previous raises. I have pumped way too much money into this stock to date so I probably wouldn’t get involved anyway, it would have to be a great deal to do so. Obviously the projects are positive and very prosperous but management have been too slow and lacked the constant announcements to get the market interested and absorb the institutional selling. All we can hope for now is that the institutions will finally let this ride once they load up in this capital raise.