Yeah, it's painful isn't it! These are the positives though: 1....

Yeah, it's painful isn't it!

These are the positives though:

1. Many new shareholders came in with the last 7c placement and Investmet substantially added to its holding from the 6c (5 x 1.2c) placement late last year - and they came in after the first DD1 announcement, just after it in fact.

2. Investmet (Michael Fotios) is an entrepreneurial geologist who should know his geology very well. Also, he would be able to readily compare Horseshoe Lights with Wodger and Forrest.

3. The 3 Directors have very decent shareholdings, especially Rob Martin, who would be either still number 1, or 2 at worst.

4. The 3 Directors underwrote the loyalty options entitlements to the tune of about $141k.

5. There is much mineralisation at Wodger - gold and copper look the best - and there is clear evidence of a VMS system. The people identified in 1, 2, 3 and 4 above would be aware of that.

6. AUR has 1 more payment to make (by 7 July) to get full ownership of the valuable Doolgunna tenement that is surrounded by SFR and the SFR/TLM joint venture. Yesterday's ann also said that a POW had been lodged for RC drilling at Ross's Reef which is in the southern part of this tenement. Will that go ahead?