Ann: Troy to Raise up to A$38 million by way of P, page-4

re: Ann: Troy to Raise up to A$38 million by ... $1.25 is a fair price, i will be taking up the offer. Of course they are losing money, they are in the exploration stage, with excellent prospects - note the low cash costs of production on the gold, due to the excellent grades. Around $800 per oz compared with current price of more than $1300 per oz (and going up every day). This is a company with a great future and of course they need to raise capital.