Many holders paid dearly for their ‘free’ options.Thankfully, I...

Many holders paid dearly for their ‘free’ options.
Thankfully, I sold the fully paid immediately they were in my account and thereby recovered the outlay and are effectively sitting on FREE options.
Many others are unfortunately carrying a dreaded INL loss on their books.
With the course P Wood and his troopers are taking INL the oppies will most likely lapse worthless later this year.

PROSPECTUS
for a renounceable Rights Issue to Shareholders on the basis of 1 New Share at an issue price of A$0.05 for every 5 Existing Shares together with 1 free attaching New Option (at an exercise price of A$0.08 expiring 31 December 2009) for every New Share issued to raise approximately A$5.6 million before issue costs when fully subscribed.

Position disclosure is for INLO's only
- long gone are the INL's