capital raising to commence drilling of jaya s, page-4

This is exactly what i eluded to a few posts back where i stated they would do a capital raising and i mentioned they would have to at least raise 5 million to forward the drill programme- was really no point in raising a mere million

So dilution would be in vacinity of 840 million new shares issued- ouch!!! thats equates to a 40% dilution

not good in terms of future EPS


MMM