Some of the info in the rights presentation is certainly...

Some of the info in the rights presentation is certainly compelling.

-Largest holder landholder in the Laverton Tectonic Zone:'Wallaby>7mozs, Sunrise>7mozs etc.

-Less than 2% drilled at beyond 150m

-Valuation metrics E.g. : Focus $77 per ounce. CRE $50 per ounce-thats at 15 cents a share!!

Surely this selldown has gone completely the other side, as we all know can happen.

-They have over 2mill ounces. Surely someone can figure something out??

-Instos all decide to participate at 11cents a share in NOV!

-Company doesn't know WHY this selldown has occured.

Its at explorer backing with a whole heap of cash. The above information only relates to exploration, not production.

Can anyone shed light on the situation?

Do your own research. In the CRE case, start throwing the salt over the shoulder...