Ann: Share Purchase Plan Cleansing Notice, page-2

Amigos, what are your thoughts on BPL's Share offering? BPL aims to raise $0.5 mil from the placement and $1.1 mil from shareholders (SPP). According to the announcement: "The SPP provides the opportunity for eligible shareholders to each subscribe forup to $30,000 worth of new Shares in the Company." (i.e. up to 1.2 million shares each) They say the funds are for the exploration of the La Paz rare earth project.The offer closes on 23rd October, so not long before a decision has to be made! The question is: Has the shareprice reached a bottom and will the La Paz project get the shareprice back to 5c (where it was before the COB/BPL tantrum)?