Ann: Trading Halt , page-14

It is will be a capital raising what else would it be, they even mentioned it at the AGM.

Interesting to see what price it will be at, im hoping over 10 cetns at least!!

mmm makes sense to do it i guess and with the drilling results that will be coming out hopefully this will encourage a take up of the offer and push the price upwards.

In the short term it will consolidate around the issue price and then will move up once the offer is closed and they can start feeding out some positive drill results.

They need to raise the money and im sure the longer term holders will be happy...at least they are on the right track :)

just hope the price isnt to low...common management please use ya brains :)