G'day Supertramp there are two potential placements in the wings...

G'day Supertramp there are two potential placements in the wings that have already received shareholder approval (75M shares @ the EGM Sept'07 and 150M shares @ the AGM Nov "07) , my understanding is that these will procede as and when required. These guys have been toiling away and to quote the Chairman are "very very close" to a major deal in China ...current cash position tells me that they need to act soon either way ...hopefully we shall see positive announcements , increase in sp , ahead of placement/s and further acquisition / expansion....as always DYOR.

Regards