Ann: Placement, Capital Raising and Board Changes, page-10

Fair summary . And how much of the $211K raise by sophs will go to the underwriters and hangers on in costs - all of it - or more than all of it. Yet to be told about that. The sophs guarantee only the raise costs and the retailers are asked for support at 1 for 1 dilution? Imagine the day when you could rely on ASX releases rather than treat them as a basis of a punt high - what a sham this stock has been - Director who started it is over it doesnt want to continue involvement and the management now refocusing on anything else rather than any hope for DRC leases? Whats the message there - punt high again with trust us. No thanks.