Ann: Extension of Rights Issue Timetable, page-7

Regarding the cap raising extension. This shows how reluctant they are to put their own money in.

They only need to come up with a million tops. Because half of the 2 million cap raise is underwritten by Still Capital,.
But , isn't there about $400,000 of costs.
All they had to do is open the raise, and tip up the shortfall .Still Capital would have probably tipped in a bit more in irder to get the fees .
The Board earns over $800,000 in salary .,

This situation is truely pathetic.
The animosity by the shareholders towards the board is obvious.
The trecherous behavour towards shareholders, through the use of the consolidations , has made them no friends. There is a complete lack of trust .
Obviously they have abandoned the idea of mining Kat Gap.
The cap raising should be abandoned , untill they have got any AuResources money, which is doubtful , This has been delayed too They been scamming everyne for years, and are unable to stop.