Well at least we know what is going on now, I was expecting to...

Well at least we know what is going on now, I was expecting to have to wait much longer

I will need to get my head around all that LOL, any one able to put it in a nutshell?

Renounceable Rights issue to raise up to $35m ?

Well my speculation that Barrick was a key player seems not to amount to much, we will see if Barrick participate in the rights issue

"The Company also remains open to any potential corporate transactions that the Directors consider would enhance shareholder value."

“Whilst the various share issues are unavoidably dilutionary, I can assure shareholders that this proposal is far more attractive than alternate transactions that were considered."

Humm sounds like be some thing there but just not some thing that enhance shareholder value.

Yes well that the major shareholder are still supporting try is quite comforting, lol I'll be taking up the rights issue with money a am prepared to lose