Ann: Change of Director's Interest Notice , page-8

Placement at 7 cents following a run up to 13 cents for a company that has just reached DFS stage for a significant mining project perhaps is somewhat of a gift. Even if the Institutional and sophisticated investors were not interested in Phillips River they could have potentially sold out and made a quick 10% profit.

The share price has been a little bit soft since the placement draged it down......I think TTR management should offer the 1 for 10 rights issue to existing share holders at 6 cents now (lol)