re: Ann: Pryme Successfully Completes Balance... The 15% is gone...

re: Ann: Pryme Successfully Completes Balance... The 15% is gone now. Maybe a prelude to accessing tranche 2 and/or in the 2nd half of 2013, an underwritten rights issue of some sort or SPP. I'm sure they are planning the 2nd drill so that Macq comes to the party again, assuming we have a commercial well. I saw this coming, but not at this juncture, however, I am pleasantly surprised at the $3.1m in the bank now. The unlisted options being in the money would be a godsend. More info about what happens after 21H No.1 comesa on-line would be beneficial.

If Macq coughs up tranche 2, we don't need much money apart from admin etc. This is what the market is missing IMO, and the fact that an imminent placement won't knock off any potenital re-rating next week.