Ann: Capital Raising, page-2

Not such a huge discount. So in reality, not a dilution if the capital is used correctly by management. It would have been nice to see an opportunity for current shareholders to participate however being such a low discount we may get to purchase at, or slightly above the bid price on the raise anyway.

If the funds are used well, this appears to be one of the better managed cap raises in some time - with the exception of the raise occurring post the big fall once drilling results were announced, which may not have been under the control of management in the first place.

Onwards and upwards team, the future is bright.