auditors report page 67

CR dilution on the cards as indicated in Auditors report.I guess that explains the current SP.I am on the fence till these matters are cleared
Emphasis of Matter
Without qualifying our conclusion, we draw attention to Note 1(b) in the financial report which indicates that the company incurred a net loss of $1,210,887 during the year ended 30 June 2012.
The company will have to seek additional funding in order to progress exploitation of its exploration assets and meet ongoing working capital requirements. These conditions, along with the other matters as set forth in Note 1(b) indicate the existence of a material uncertainty which may cast significant doubt about the company’s ability to continue as a going concern and therefore whether it will realise its assets and extinguish its liabilities in the normal course of business at the values stated in these financial statements.