Mitis,
I actually took up the offer as I think (as you do) that YRR is the key here and I hold plenty of them already.
I have 1.1M GPN heads and will hold 6.8M of the new Oppies. Bought the ords at 1.2c and the oppies at an average of 0.0025. Willing to wait for YRR price to move which should in turn assist GPN's SP.
My original post was more to say that things were going to be pretty quiet on the announcement front for a month or so...
Stevedore,
Asked Geary directly and he told me that he was attempting to free up enough cash to take up the offer but was unsure if he could take all the of entitlement. Told me he had not spoken to Dennis McInerney about his intentions although I find that a little hard to believe and don't think he wanted to reply on Denis's behalf.
GPN
greater pacific gold limited
