Day trading pre-market open August 7, page-71

CHZ

Quick summary of interview

• Cap raise - Cut back 50% of offers (oversubscribed)
• 6 million raised a 8c
• They didn't want to raise more that 6mil to avoid blow out of SOI
• Allocation went to Australian institutional holders
• Raise done now to ensure that holders realise the full value of the assays.
• Significant volume on market
• Majority of that volume has come from institutions who were cut back in the cap raise
• Institutional who didn't buy into the cap raise are realising the significance in the story.

MTH

The surging silver price should give it a real kick along today.