Ann: Results of Share Purchase Plan, page-13

I think it will hold pretty well actually. Generally with CR's that are offered to retail there is some weakness in the SP immediately after the record date as people try to free up some cash to take up the lower priced offer. Then there is some more weakness when the shares hit the accounts as people try for a stag profit. In this case the initial downward reaction has been minimal so I'm not expecting too much when the shares become available either. I'll say it will hover around 4.5c for a while and then maybe creep up in anticipation of the next assay results.