Ann: RIGHTS ISSUE OVERSUBSCRIBED, page-6

It wasn’t exactly oversubscribed, the way it was structured seems that the lead manager had got extra shareholders in place. This would represent the shortfall, so ordinary shareholders that opted for more will get the full amount.

It’s a positive anyway as people like the extensive drill campaign. Not many programs are this extensive for such a small company, it will be a good 3-6 months of drilling. Any discovery would be significant for a company this size.