Ann: Investor Presentation, page-42

Whisky it's the fact we have limited ourselves to the amount and type of investors we have. We know we have a good resource, and we know we should be a higher share price . even if the rights issue only gets 50 percent take up it will keep the wolf from the door ,and possibly hurt the person lending all these shares. To me market cap is market cap , but our number of shares severely restricts our appeal and we may only be tapping possibly 25 to 50 percent of the market. If as you say serious investors only look at the market cap , I say we have bugger all to lose.