Yeah strange ann."ceasing to be a substantial holder"
well no they just got diluted down from the placement
so is a very misleading ann. they didn't sell one share they actually brought more as of the last top20 10th DEC they held 5.79mill now 6.03mill
also the Talbot group is a internet related products and services group so the geeks like to buy micro cap PGM explorers ..go geek boys
in talking with the company sec sounds like the MD etc are over in turkey be back round 15th likley to have shallow El rodeo drill results late march
On further cap raising they have 3months to use the approval for another 21mill they sound likely to do a rights issue (I stated they wouldn't need an underwriter if the drill results were good)I also stated my approval of free opts att. to a higher rights issue price
sounds like it was a time issue on the last 6c placement
also found out they have three Geo's on board
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