I would say its in relation to yesterdays ann. - "The key points...

I would say its in relation to yesterdays ann. -

"The key points of the new contract are:  Elmore will fund and manage all remaining elements required to design and license the initial mining areas, starting at Northcote, West of Cairns.  Elmore will provide, at no cost though retain ownership of, a moveable processing plant.  Elmore will provide up to $2 million working capital after licencing has been finalised and the plant is established (this funding is not needed now).  Elmore will manage all mining, processing, and product sales."

It will probably be only offered to sophs IMO, retail are too slow & sloppy to get money out of and it will probably be raised at around 0.034 (20% off 5 day VWAP) or 0.036 (15% off),