Ann: Notice of meeting-NTL.NZ, page-7

Hey Robbo24

Money well spent it seems - get those director pockets nicely lined for Christmas this year.

What % of the capital raising was suggested to be going to pay increases?? Were these pay increases noted in the prospectus or CR documentation. My understanding was that the money was to be used to advance Rahu and Talisman - seems like there is some hovercraft money for your beloved management.

From the original Rights issues shortfall announcement -
"The completion of the rights issue cements the company in its transition to developer and allows us to begin the necessary works to bring this historically productive Talisman mine back into production”

Necessary works? More like getting paaaaaaaid. Bit sneaky for mine.

Good luck everyone.