Ann: Deferment of General Meeting, page-50

It is not really the CR price as there are no attached options that will have some value .
The equivalent CR price is probably 2.5 or 2.4 cents at most .

MEL did not cover themselves in glory with the last placement that excluded most shareholders .
Sorry cara but I was sorry to see that motion passed and find it hard to understand why any shareholders that did not take part in the placement would vote for it .
Do you think that those professional risk adverse investors did not make a killing in the run up to the Cervantes spud at the expense of the believers ?