Pessimism what Pessimism...Resolution 5 - Approval of the 10%...

Pessimism what Pessimism...

Resolution 5 - Approval of the 10% Placement Facility

rara - where it is not known who will participate in the proposed issue(as is the case for any equity securities issued under this 10% placement facility), shareholders must consider the proposal on the basis they may or not get a benefit and it is possible their holding will be diluted, and there is no reason to exclude their votes.

- into the unknown along with the "Shareholders should be aware that the company currently has no plans to issue shares pursuant to the 10% Placement Facility". - F*** who writes this shayt - oh yeah the BOD...

rara - the allottees under the 10% placement facility have not been determined (not tellin) as at the date of this notice but may include existing substantial shareholders who are not related parties etc (surely not Investec), if the company is successful in acquiring new resources assets or investments (who said funds?), it is likely that the allottees under the 10% Placement Facility will be the vendors of the new resources assets or investments.(Stern warning).

(e)Minimum Issue Price

The Equity Securities will be issued at an issue price of not less than 75% of the VWAP for the company's Equity Securities over the 15 trading days immediately before: 1.) the date on which the price at which the Equity Securities are to be issued is agreed to or 2.)etc etc.

AGM Mon 26th Nov - Announcement for drill results @ 10cents at Mon 5th November.

15 trading days M5,T6,W7,T8,F9,SSM12,T13,W14,T15,F16,SSM19,T20,W21,T22,F23,SSM26 = Pump up the volume!

Gotta see this announcement - Give it to me baby, pretty fly for @$333M in tha hole.

Go the Gold Price