Ann: Half Yearly Report and Accounts, page-5

Yes a CR is going to happen soon.

I know it keeps getting mentioned but it is unrealistic to think that anyone would exercise their options so far out of the money...so a sophisticated placement, rights issue, SPP will be the only way. Probably going to engage a broker to drive the SP up for several days to improve the VWAP/discount that will be applied for the pricing.

There is no way a reasonable punter would put money in at $0.20 based on today's position, don't care what anyone says, no one is kind enough to carry that equity risk.

Wolf