non renounceable rights issue, page-4

Reditigerinc,

I agree. To raise 1.9 million dollars and be undersubscribed by just $284,000 is a big positive in this market.

It shows confidence in the resource and perhaps Mr Chen but not the rest of management.

I would think the comapny must have a number of big and confident backers.

I would also think the directors all took up the rights issue.

Perhaps the next few years is our time to recover what we have lost and with a bit of luck pick up a little more.