Ann: Change in substantial holding, page-2

The buyer of the shares is Jeffrey Markhoff.
He's a wealthy Melbourne investor and highly familiar with the ASX environment.
Now he has accumulated around 10% of the company's shares and continues to be in the market at around 30 cents. So, he's spent around $5 million as an investment in Auric and he obviously believes our outstanding story going forward. He knows that when we get into the meat of Munda that its a cash register and has set himself. No reason in a year the shares won't be 60 cents or a dollar and he knows that.