Ann: Issue of Shares and Lifting of Trading Halt, page-5

It's peanuts compared to what other exploration companies pay themselves plus give themselves free shares.

usually we get a whinge on the forums around capital raises. Not much activity today. I'm personally quite happy to participate in the spp along with the sophs. The cash is minimal for going in a drilling some of these porphyryies. Also early august isn't far away considering how difficult it is to obtain a drill rig.

I think this CR is quite good. Existing holders have a chance to obtain shares with the sophs at the same price. And considering josh pitt has previously put his own skin in this heavily last year you are getting a bargain price at .014 when he primarily held the share price up with plenty of purchases at 0.022.

there's plenty to like here from a geological stand point, macro outlook, non executive directors previous success and a percentage gain.

I'm just thankful we didn't get hit with the free attaching option CR.