GTE 3.57% 2.7¢ great western exploration limited.

hi ddzx for mind they need to raise capital before they drill....

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    hi ddzx

    for mind they need to raise capital before they drill. lessons learnt from icg.

    cr of 6m shares at 25c = $1.5m for current drilling kaz to get going

    reinstate previous options until Jun14

    30m @ 30c = $9m

    new options issue of 1 option for every 3 normal shares at record date exp dec 15

    30m @ 45c = $13.5m

    pretty much raised the $24m for Kaz, total shares on issue 166m.
 
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