success of options

RAU has released an announcement this afternoon indicating that at the recents closure of the Nov 30 Options there had been a very good take up since they were issued back in mid 2007.

85% of the Options issued back then have been since exercised to raise about $3.5 nillion in that period. The last week of November saw more than $600,000 come in.

So RAU now has about $4.3 million in cash available. Quite a good position to be in.