news, page-47

Profreeder

You need to utilise your time better. No point going over and over the same issues. If you really want to learn use your time to look at other stocks especially ones which have done well and figure out why they have done so well.

Here is a few AQA,WSA,LNC,FMG

For the record share issues are dillutive and not desirable. Placements in particular cause a overhang of shares which will be sold back into the market over the coming weeks.

However sometimes companies need more capital and have no options except equity. At this time debt would be very undesirable as it would increase the risk profile too much for tamaya.

So you should be looking for tamaya to tell us what the capital will be used for. Hopefully tomorrows AGM will give some more insight.

The announcement implies the majority will go to project 4000. This seems reasonable. this expansion will probably costs between 10 and 20 Million.

Over the coming weeks the placement selling will dry up and the focus will move back to the next quarterly which will be much better than the last.

Their will also be plenty of drilling results coming out.