Ann: Entitlement Offer Shortfall Notice , page-5

Hey PJ not sure they ever relinquished the exploration rights to the SIR ground, pretty sure this ground came into SIR as part of the AXM spin out or even later - it would never have come in to AXM at the time.

What AXM did do though was sell all their SIR shares and options to Mark Creasy which would be worth +$50 million and probably closer to $80 million on todays price..........now THAT hurts.

As a wise man once told me - always keep a few in the bottom draw.......