PRE 0.00% 6.0¢ pacrim energy limited

re: Ann: Entitlement Issue Letter to Share Ho... I would have...

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    re: Ann: Entitlement Issue Letter to Share Ho... I would have though PRE would have wanted the options to be exercised.

    The real dilemma for company is finding a viable resource to mine.

    To the extent that PRE can get to the phase of mining (e.g. mining GTS) it will need to do either of the following (or a combination):

    - Raise additional capital;
    - Seek debt; and or
    - Seek a partner who has the expertise in the mining process.

    If they started mining they won’t be living off shareholder handouts anymore....
 
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Currently unlisted public company.

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