Ann: Placement , page-6

yeah definitely feeling a little riled by this company at the moment.

firstly no disclosure of costs when they made those revenue announcements which led to the share price spike to 14c when people tried to guestimate them

and

secondly not offering existing SHs the offer to buy at 8cents with the option freebie.
not that i would of tipped in any more cash anyway but thats not the point

obviously they wanted the cash fast and went for the easier option.

are they only raising $6m (75 million new shares)

-------------------------
existing shares 271.32M previously

so now 346M shares on the register
--------------------------------

OR

are they planning on DILUTING us further to raise more cashola at this pathetic low 8c price?

I hope like hell there are no more than 400M shares on the register by the time we have a full plant underway and turning coin in 2013 provided we havent gone bust before then.

i hope CD knows what hes doing.