why buy?, page-9

Hey there SMerv - CR was done late Feb as per ann below - I reckon most of the funding is in place already...

The Board of Great Western Exploration Limited advises that it has completed a
placement of 9,446,831 ordinary fully paid shares to sophisticated investors at an
issue price of $0.30 each to raise $2,834,049.
The funds raised will be applied towards the Companys exploration activities, in
particular RC & aircore drilling programmes, airborne & ground geophysical surveys
and surface geochemical surveys over the next 12 months at the Companys
Doolgunna Project.