Ann: Entitlements Issue to Raise over $500,000, page-2

After successful CR:
(1) total issued shares around 451m with 25m options
(2) to be market capital about $4.51m
(3) virtually no debt
(4) company assests:
(a) FR(ENT 30%, CR1 70%)
(b) Doolgunna(ENT 100%, SFR farm-in possible to be 75%)
(c) Murchison(ENT 100%, EVN earn-in possible to be 80%)
(d) 12m AME stock holding
(e) potential potash project in WA

As they said if anyone thinks current SP hovering around 1 cent looks dear, this indicates that SP is at the bottom.

So I decided to take part in entitlement offer with free attached options.

Regards,