Ann: Extension of voluntary suspension, page-12

I think this is just a raise with the sophs and we are not going to get a toe in this time... we had our opportunity just a few weeks ago and we plonked in less than 15% or so of our entitlement (not the exact amount but it was ridiculously low figure)...

they MAY just go to the sophs with an offer for 0.7c and they must be asking for 0.6-0.5c (lower the better for them).... I think there will be no underwriter but just one or two brokers who could mop up 150-200M @ 0.5c raising $750K-1M and our management asking for $1M-1.4M for this parcel...

this extension to me shows some negotiation going on for the final per share price.... I think it will not be a round figured price like 0.5-0.6-0.7 but will be going in the 2nd or 3rd decimal point due to the big jump between, say, 0.5 & 0.6 - 20% and 0.6 & 0.7 - 16.66%... so the final figure could be something like 0.6125c per share or so (just quoting a figure out of thin air)...

the management must be trying to sell this as the next big thing since sliced bread and the brokers must be playing hard ball stating - show us BUX like results or just take the 0.5c we are ready to risk...

this is just my take on the two extensions of TH and VS...