opens flat, page-16

re: opens flat - where will it close looking through the trades on hnr in london last night does not make an impression that it is going off over there.
2.75 mill out of 2.90 mill traded was crossings between brokers.
a bit of pass the parcel going on.
therefore one might conclude that the reason hdr has not notched up a gain today is,nothing really happened in the u k.
teds primary mission statement is to progress the companies exploration in mauri,without diluting there % interest.
that adds up to a placement,or perhaps the slow way,a rights issue to shareholders.
ted has stated that rights issues are tough because of corporate hurdles,prospectus etc,so where will next years funding come from?