Id take this prospect more seriously if the directors combined...

Id take this prospect more seriously if the directors combined had much more than $57,000 at stake at the current price or even decided to participate in the cap raise.

"Security holdings

The relevant interest of each of the Directors in the securities of the Company as at the date of this Prospectus, is set out in the table below.


Neville Bassett 1,790,694 Shares, 83,334 Options
Edward Mead 1,111,111 Shares, 250,002 Options
Charles Guy 1,844,472 Shares, 6,000,000 Performance Rights

The Board advises that no Directors will be acquiring any Shares or Options issued pursuant to this Prospectus."

http://www.asx.com.au/asxpdf/20140314/pdf/42ndvyxn6csr36.pdf