Ann: $10.3M Fully Underwritten Non-Renounceable Entitlement Issue, page-2

4.2 Billion shares and change on issue after this...

About 470 million free options at only a 3c strike In 5 years..

These directors have squandered a record gold price and put us back to the raising price of September 2009 - one of the first ones I participated in at 2.2c..

Beggars belief and heads should roll but of course with every pen stroke they control more and more of the company.

Going to struggle with a decent exit now but still plan A is to sell on news coming into Timor and shut the door on this absolute disappointment of a stock.

Cheers,

Disco.