Well they only had enough cash for another qtrs' meaningful...

Well they only had enough cash for another qtrs' meaningful exploration - cant do much without a large cash injection to get anywhere. $500k is underwritten which is good even although there will be a fee - and directors are in - so yes I will take up my rights and maybe a bit more. Still some hope in Tanzania and the Namibia venture has a good chance of some early hits if the existing data is credible. They are also keeping admin costs quite low.