Only minutely diluted Billmac and only if you dont take...

Only minutely diluted Billmac and only if you dont take advantage of the SPP. Can't say the shareholders are disadvantaged becuase this offer is at price less than its tangible worth and much less than its true value in my estimation. Only time will tell and you may be right and I am looking through "rose coloured glasses"

Billmac "our first increase in the resource in how many years?" - you have not been paying attention - I thought you knew a bit about this Company and Phillips River.