Ann: Placement to Raise $1.033M , page-3

Well. Would it be fair to say a second capital raising is more likely now to occur later this callender year?

I think the $1.033m raised by this company is really only enough to cover the directors wages for the year! Cynical - maybe, but only because of how we've been treated!

At least we haven't been too dilluted.

Maybe this is a sign that they still expect to get some cash-flow out of the Tanzania sale. Otherwise they would have sought alot more.

Anyway our SP will stagnate at this level for quite a while now. Until those sophies have taken their profits and run! At the very least they should have put a minimum hold period on them, say 6 months.

So us normal shareholders are just going to get screwed as usual!