anticlimax, page-18

I thought the fact the cap. raising price wasn't set yet would be a real positive, but clearly that was wrong too. As others have mooted, could be blatant manipulation to keep the price as low as possible.

Notice of meeting will be out on Monday along with further details on the transaction. Hopefully an independent expert report gets us going in the right direction.

Sentiment is a fickle thing, but it doesn't take much to change it.

I was disappointed with both the volume and the buy depth today, given what was happening a couple of months ago before we even knew of any of the detail.

And just why do they need $28m now? Why not raise enough for the transaction and the initial drilling program and then go back to the market when things are clearer (and hopefully the share price is much higher). The size of the proposed cap. raising is no doubt assisting to keep the lid on things too. It's a lot of money being raised by a company with a $30m market cap. I'm sure they'll use it wisely but.... I'm not convinced that they need all of it now.