Ann: Non-Renounceable Pro Rata Entitlement Issue Prospectus, page-6

Very hard to know whether this is a genuine attempt to restart now that they have the mining lease or its more of the same of getting paid for doing f**k all.

Damned if you do or don't scenario really which is typical.

These guys know that there are a lot of trapped holders here that are holding on the hope these guys will do the right thing. A good chance most will cough up to give it one last go.

There is mention of a new project as a risk so this is always on the cards too.

Not a big outlay to participate and spin the wheel for another 12 months in the hope of something eventuating, so I am not sure.

One thing for sure, these guys love having these flings on the side and seems to be a popular business model in the west.

Don't participate means they will possibly sell the rights to a mate for a Kebab and a six pack and we get nothing.

Participate and lose more on the hope that they want to progress this to a point that its worth something.

It is a very good resource for what it is and it has to be worth something eventually, Im just not sure they have our best interests at heart.

I'm not decided yet, and happy for input by others.

PS they have had the last 12 months to behave like they are serious knowing they would have to start grubbing for money, but chose to get paid for doing not a lot and disrespecting shareholders.