Ann: Strategy for Anthony Molybdenum and Copper-G, page-4

re: Ann: Strategy for Anthony Molybdenum and ... Read the announcement over and over trying to work out the reasoning behind this loan agreement.

A loan of $1.5M payable by 31st October.(8 weeks away)???

Converted to shares at 8.5c or greater if agreed at the AGM.

Is this just a show of faith by the major holders saying hey we are so confident of the company's prospects that we're willing to take a large chunk of shares off market at over the current market price?

With cash in the bank of $1.3M end of last quarter. Drilling about to conclude at Anthony and further metallurgical testwork to proceed. It doesn't cost $1.5M to carry out tests at a laboratory.

They must have positive news or alot of faith in the prospects of exploration work surrounding Anthony.

I'll be holding to see the outcome.