Ann: Lamboo Project Advances Closer Towards Devel, page-22

re: Ann: Lamboo Project Advances Closer Towar... Capital raising

$5m raised won't hurt at around 9c. Will flood another 56m shares onto the market but will provide a bit of liquidity in the stock.

Still would have 126m shares on issue and edging closer to production. Who knows maybe it may lay the foundation for obtaining debt of $15m.

At 25c BNR would still look reasonable...$25m EV and potential to expand the resource at depth!

Promising times ahead, all in speculation though...will have to wait and see what the terms of the raising are.