Ann: Board Resignations , page-5

Axegun, where have you been?

In July 2003 the company had paid up and issued capital of $62 M through issuing 76 Million shares. Fast forward to now and the company has 2.184 Billions shares/convertibles on issue and the contributed capital has increased to $160M.
$100 M has been roasted during the biggest gold boom in decades. This company is one the biggest disasters in Australian Mining history.


When you ask, "any bad news coming?" defies imagination. Bad news is the only thing this company has ever produced.