re: 60% discount on share purchase plan That's how I read it also. This is not a share purchase plan.
I'm not saying that there is still not a chance for a dollar to be made here but it is a 1 for 4 rights issue...if you want 5000 rights at $0.008, then you will have to hold 4 times as many first, ie 20000 shares.
Great if the price holds or improves....horrible if it falls.
Regards,
Snake13.
ps: EGO is priced at $0.008 on market currently and about to start drilling. Maybe there is another opportunity calling you all there aswell???
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