Ann: Funding Update and Appendix 3B, page-4

Why the anger and angst!!!
Not ideal that the shareholding of existing investors keeps getting diluted..... but the alternative is what...... liquidation!!
What the last 6 or so months have shown is there are parties who are still prepared to invest not insignificant amounts of real cash..... so there must be some hope for executing on and finalising this project! I don't know too many investors (though I'm sure there are some in the world) who will continue to throw money at a project......... where there is cash being invested.. .there is hope for an outcome...... where there is smoke there is fire!
The dilution of shareholding is not ideal...... but I for one would rather have 10%, 20%, 50% of something.... rather an 100% of NOTHING!
 We as rank and file shareholders have no influence in the deal...... I for one are still hopeful of an outcome (there are enough key positives to make this deal happen........ the key being the mining rights in Congo!) and wait with some impatience (and yes it is frustrating!) for the right outcome!