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Carab,

Consider this
Currently 340 mio shares on issue,through SPP upto another 160 mio might be issued and another placement of 200 mio share placement before March 2008.
We might look at 700 mio shares by March next year depending on the uptake of the SPP.On top of that some BKPO's and employee share options sounds an awful lot to me.
Why place 200 mio shares before La Punta 2 drilling is completed?

Dean R.is back on Wednesday maybe he will have some answers

Cheers

R.

Been called on behalf of Baraka to check if I would take up the SPP offer