Regarding the cap raising extension. This shows how reluctant...

Regarding the cap raising extension. This shows how reluctant they are to put their own money in.

They only need to come up with a million tops. Because half of the 2 million cap raise is underwritten by Still Capital,.
But , isn't there about $400,000 of costs.
All they had to do is open the raise, and tip up the shortfall .Still Capital would have probably tipped in a bit more in irder to get the fees .
The Board earns over $800,000 in salary .,

This situation is truely pathetic.
The animosity by the shareholders towards the board is obvious.
The trecherous behavour towards shareholders, through the use of the consolidations , has made them no friends. There is a complete lack of trust .
Obviously they have abandoned the idea of mining Kat Gap.
The cap raising should be abandoned , untill they have got any AuResources money, which is doubtful , This has been delayed too They been scamming everyne for years, and are unable to stop.