Ann: Proposed issue of securities - MTB, page-3

Its the first time in a while that they have been fully subscribed i.e. they raised the maximum number of shares allowable in terms of rule 7.1 and 7.1A. In the past generally they only managed to raise a fraction of what they were trying to raise. There definitly appears to be n increase in confidence. Lets see what Steve, Jan and the other directors can do with this money.....for what its worth, I think that before year end we will have the results of the strategic metals scoping study and they will have announced an acquisition of another project, hopefully something interesting in Australia.