Ann: Appendix 3B - Issue of Performance Rights , page-8

re: Ann: Appendix 3B - Issue of Performance R... " more dilution on its way it seems."

It wasn't very hard to guess that it was coming.

With a cash balance of $4.42mill dollars at the 31/12/2013, and with the ongoing costs and expenditure for the current quarter, plus the $4mill dollars payment due early next month, something was bound to happen. And the only way out IMHO was to do another CR and issue more shares.

Sad but true.