STRAIGHT FROM THE HALF YEARLY REPORT :(c) Equity Component: The...

STRAIGHT FROM THE HALF YEARLY REPORT :

(c) Equity Component: The Company is also in advanced discussions with CRONIMET and institutional investor(s) on share placement opportunities.The proceeds from this share placement, together with the Cash Advance, will be used to complete the purchase of the Mt Carbine Quarry and Mining Leases, ML 4867 and ML 4919, under the terms and conditions disclosed below.

Everything still appears very positive, myself I will hopefully get a chance to be in a CR or SPP whatever they decide on, I think at this stage now I would much rather wait and participate so my funds can be used by the company to purchase Mt Carbine Quarry. Its great to see the SP going up.