Ann: Appendix 3B - Exercise of AUROA, page-5

That's a negative slant squire, but if true, then 'so what?' It's still a substantial conversion!.

If the option number represents all the options that the holder concerned had on fully taking up the entitlement, then that would mean a shareholding of 3.106m shares at the time of subscribing.

It's a very encouraging (to us outsiders) event. It, in all probability, is a conversion by a big holder; someone who knows more that we do, or at least has great faith in the company. Someone who expects 8c to be soon overtaken.

Only one Director has that number of shares - Rob Martin. Wouldn't it be nice to soon see a Change in Director's holding Notice! - or a change in substantial holding Notice by Investmet!

Anyway, I just hope that the last ann about Cuba and Orient is simply promotional fluff to try to impress the ignorant masses. They are promising areas that's for sure, but neither has shown the quality and quantity of vms mineralisation that Wodger has, nothing like it in fact.

Let's hope that we get an ann immediately after the Funduk settlement on Wednesday advising that priority drilling has just started at Wodger and also stating that most available funds set aside for exploration have ben allocated to Wodger. It's the one!!