Ann: Free attached options Supplementary Prospectus, page-9

Trying to find positives in all of this....the deal with RCF was not good, with poor terms and heavy dilution that would have pegged the share price for a long time to come. Presume it was agreed to only because management had run out of options and hands were tied if they wanted to progress and maintain the schedule. Now the deal is kaput and the share price has been smashed but in the long term it might be a good thing. We have money in the bank to carry us forward. Maybe this will give management the time required to arrange finance on better terms as we have taken the bitter pill of pushing out the schedule. Whatever the outcome management need to lift their game and drop the free paper until they have proven they can resolve this situation.