Ann: Placement Issues and Share Purchase Plan , page-13

Pezdog i agree. 13.5c is too low to appeal to holders. I feel an announcement will hit the market well before the plan closes on the 9/12 to lift the price to maybe 0.145/0.16 and in doing so get a few more buyers in. In saying that the fact patersons and Dj carmichael will be on register is important in getting word out there. I will be taking up raising in full (15k think), i feel gmr is a very good play atm. management are pretty shrewd i feel. significant upside will be around christmas and into newyear when mali kicks off and the possibility of a new project through royal falcon. They scrutinise projects very heavily but have stated its only a matter of time before they pick up another.

Are you taking up your rights pezdog, what about other holders?