Ann: A$9.1m Placement and A$3m Share Purchase Plan-S2R.AX, page-21

You're in at the same time and price as me... well, near enough anyway.

As for the share price retracing... how long is a piece of string?

S2R isn't drilling on Monsoon again for another four weeks. They're not drilling in the northern hemisphere until October at the earliest. I can't see them keeping the drills idle for very long in West Oz at the moment, they might come up with some golden core, however, lab results will take a few weeks to turn around. The share price might drift back a little over the next couple of months, however, looking at the sell side over the last few days, it doesn't seem likely. My guess is that if the does drift backwards, it's only going to be for a brief few days over the next 6-8 weeks. If a drift back does occur it will be very short because of the rapid pace of drilling that is planned over the next six to nine months.

For what its worth, I averaged up in the mid 40c range and my average buy in is now about 25c. I'm also going to take up the SPP for whatever I can get. The SPP looks like free money to me.