trading halt, page-28

Hi all,

sent an email re the need for a cap raise and the answer i got was that the co is getting alot of isto interest and that they want to take money now so to have a kitty for the next two years of drilling/operations...

get the feeling from the tone that we "retail" investors will only get a nibble (if the 200mill shares at 5.5c to raise $11 million is correct)if any and based on another share that i had that was in this situation the split may go like this....

$9-10 million to isto's and suffercat's

$1-2 million to "retail" shareholders

as i said "IF" retail get a look in...

anyway Dazza seems to have his eye on the ball and also mentioned it was strategic (CR) to where the co wants to go now.. will ride this pony to see where it goes...