Rights issue, page-34

Fire Bull, we are all perplexed at the SP considering the enormity of the JV. It is a joke that we were trading at 4.5 cents when the JV was announced and are now at 3 cents. Nothing negative has been released, just everyone was expecting a CR. We need a big investor who wants to also participate in the rights issue to enter right now, re-rate this to 6 cents and get their 1 for 6 right to purchase at 3 cents. Who know, maybe the upcoming assays will assist with this.

Overall, quite a disappointing 10 days despite the bonanza deal Azure struck. Surely, Azure have something up their sleeves to ensure the re-rate occurs.