maybe 20 cents by march, page-7

IMO the cap raising will be 400 million shares at 2.5 cents. Does anyone know if this replaces the $10 million placement they are talking about in the AGM or is it the same thing? It seems strange that they would go into a trading halt now even though the market was advised in the last announcement that they were going to do a private placement.

Iron awe if the share price was 20 cents with say 1.2 billion shares on issue that would give them a market cap of $240 million. Some how it sounds a bit high at the moment but I hope you are right.