Ann: Share Purchase Plan Closes Heavily Oversubscribed, page-33

I am quite happy they took the extra 1.7m while it was on the table and will suffer the dilution and be better for it long term.

It will be interesting when they actually start to mine ore and send it down the road, to my knowledge with the use of contractors this could be done earlier than planned and have cashflow coming in sooner rather than later.

Not sure where their cash will be sitting now as they needed to do some equipment purchasing with the Cap raise so hopefully that has progressed.

As you say they also have between 4 and 5 million worth of shares, sorry to lazy to look at quarterly for direct figure.

Long term hold but things will begin to move soon.

(and yes nearly every SPP falls back to discount price and usually under it)