Ann: Placement Advice , page-9

Theoretically yes wipeoff yet let me present some colours for your blank canvas -

(a) Currently waiting on Environmental Permit (FACT)
(b) Upon approval drilling to commence immediately (FACT)
(c) 'Initial program' costing approximately $500k top end?
(d) Cash and cash equivalents prior placement? (covered, FACT)
(e) Mile 72 to contain U at depth? (must drill YET mgt. would be fairly confident!)

Who received the shares??

Looks like someone / group has there hand in the cookie jar here mate! - my advice to Jim and co. is simply STOP.

NL