I agree, The rights issue was not a mess. NTL ended up getting...

I agree,

The rights issue was not a mess. NTL ended up getting more support from existing shareholders than it ever has in its history. It is funded - ready to go - and all the benefit of that capital raising will go to those shareholders. We're also paying money into the Newcrest JV at Rahu. Just wait and see what the share price does if they have some promising drilling results.

I will be taking up another large chunk before the shortfall cut-off, so I will send in my form this week. Once the shortfall is cancelled or done and dusted then that's probably it - no more cheap shares for anyone.

As for Amer, their current offer does not interest me and I have not met another shareholder who is interested. They will have to do much, much better otherwise we will inevitably vote down their offer at the AGM.

We don't need them and we don't want them unless they are paying the premium we know we will get in the years to come of producing gold and silver. Pretty simple equation