Ann: Quarterly Report and Appendix 4C, page-24

Someone mentioned BIG and SSW. I think that is fair plus the banks and AMP have raised the general level of suspicion. Market is savage on anything they don't understand. Shortage of cash is clearly a major hindrance. Also CIO has a $1.23M loan outstanding that can be called in by issuing shares @ $0.023. That is 53.5M shares on top of 887M already issued. (A 6% dilution ). To recaptialise with a capital raise they would have to offer a huge number of shares at a very ugly discount for me and others who have a cost of about $0.03. Scary for me- Harry.
Hoping and praying for positive Gold news and anything else that may lift the price