capital raising oversubscribed, page-9

I'm confused Smity - I don't understand what your on about.

All I know is that i've been a shareholder of Uranex for a long time. This is the 1st time i've been able to participate in a rights issue and what's even better is that its done at the same price as Acorn's placement at 14c. So i'm not diluting myself and I can subscribe for more.........in essence i'm increasing my stake.

Thanks for the update Matt! I know people are talking about selling after the new shares have been allocated. If Matt's on the money with the shortfall and that it was 8 times oversubscribed - that means that over $3mil...........will some of this money find its way into Uranex by purchases made on market?

Mkuju drills should be 2 weeks away, with Mantra at $6.65 and worth over $900mil.............you do the maths. A decent hole or two and ????