capital raising, page-63

Salty,

I believe that flow rates from the pilot program would make the raising highly successful. From here quickly flows results in the 2P.

dietzr,

I think the timing on the raising is excellent. The placement was not underwritten and provides substantial capital for an accellerated program. I consider it excellent as clearly, there was some big investors willing to throw cash at bow NOW, not in the future. How do I know this? Well it wasnt underwritten was it? A pretty big indication there I think. Maybe somebody could ask the question at the AGM on 22 Nov as to the source for the raising?

If you put down the conspriacy theories for a second, why do people not focus on the fact we need more capital?and that the fact that serious investors are willing to pump millions into this company?

I believe we are getting value for money. Naturally proof is always in the pudding and results from the pilots will push us forward in leaps and bounds!!!



SF