Ann: Trading Halt, page-11

Yeh, current shareholders are piszed off. Every investor in a cap raise over the last 5 years has lost money. FACT. What happened to the last 4 or 5 million?

Funds will be used to strengthen the Company’s balance sheet, and undertake an exploration program at the Alligator River Project, as well as to update the Definitive Feasibility Study at the Mulga Rock Project •

Complete failure for 5 million.
Strengthen the balance sheet. ...Whatever that means.
Exploration program at Alligator River......didn't happen.
DFS at Mulga....2-3 months, ok only been 10 weeks, benefit of the doubt.

Now they want more money and because they have failed to produce the goods from the last CR, new investors will be getting on at (my guess) 4 cents.

$5 000 000 to produce Jack. Maybe $1 000 000 each for the 2 presentations. What happened to the other $3 000 000?

Something seems wrong. I vote that we pay $100 000 of the next cap raise to audit these people. The figures don't seem to add up.