Ann: Strongly Supported Placement to raise $3.5 Million, page-203

Very much appreciate your comments EW.

I've got a suggestion for you. Remove the 1.8 mil at 3.3, and lets see if any sellers come out to rush to the front of the Offer line.

I already have quite a few, but at a lower price than 3.3 I am prepared to buy more. I'm still not convinced we've seen the bottom, particularly knowing today is a huge day for the market, thats probably worked in favour of those new shares being withheld from selling. They will come out.

Whilst others don't agree, I'm also of the opinion the BOD don't want to push the price appreciably ahead of them getting the shareholder approval for their own placement shares. Of course some of that price resistance will be tested when the metallurgical results are known, about 2 weeks before the EGM yet to be planned.