trading halt, page-78

Please god, no takeover of vor!

They need working capital - the word substantial would suggest $20m. I would suggest this will be a placement. They can now do 15% plus and additional 10% without needing to go tobshareholders for a vote.

I was expecting a small raise of $5-10m. Damnation. However, if directed at PB reserve infill drilling then this will soften the blow. Also drill some other high priority targets.