Ann: Placement, Board Change, Acquisition of Exploration Licences, page-29

They had $1.4m at the end of last quarter.

They got another $1m circa from tranche 2 of the December raise early feb.

They have then got circa $1m from the placement they just did.

So they should have about $3m in the bank now.

They will get another $300K from the second tranche of this placement in may.

Not to be counted but the will also get $180K from a Government grant to drill out the Mogul project. they will also be reimbursed $400K if the Chilian lithium project they looked at (probably 1 in 10 at best they see that cash).

On the loose shares, I would say not many at this point. It seems like the top 20 are all buyers.

I think there was only one major share holder who sold in the past 12 months and he is a holder from the dark old days.