huge potential , page-7

The way this coy is going it wouldn't surprise me if the underwriter didn't have any shares at all to take up.

http://www.altonamining.com/media/uploads/documents/Altona_Retail_Entitlement_Offer_8-2-11.pdf

"Over the past 13 months, Altona has completed the purchase of a processing plant in Finland,
merged with Vulcan Resources Limited, completed a Definitive Feasibility Study on the
Outokumpu Project, approved the Outokumpu Project for development, commenced construction
of the mine and is revisiting the Roseby Definitive Feasibility Study published in 2009.
The Chairman of Altona, Mr Kevin Maloney said �An equity raising was selected as the best
choice to fund the development of Outokumpu and a major drilling campaign at Roseby. Looking
forward, it will maximise our flexibility in mid-2012 by enabling us to apply potential positive cash
flow towards the development of, what is expected to be a very large, Roseby Project."