Ann: Placement and Share Purchase Plan, page-28

I was truly feeling awesome this weekend, most naively, thinking something good was on the way today.....something great in fact. My mind conjured up images of a nice floor on the share price..(at least) 1.7c+ (preferably 2c) accompanied with awesome detail on the use of funds and short term aggressive direction of the company.

I wouldn't have thought they would ask shareholders for funds as it was done not so long ago... plus they were recently capitalized from JV SML....so my thoughts were it would be a Insto or at least group of Sophs for 500k plus to really push things along, with a bit of a pump as well.

What a let down.....now the market can get it's hands on cheap shares and shareholders left carrying the bag

Quite frankly I couldn't care if he is ex BHP......we have been unnecessarily diluted and I would expect a better job from a Uni graduate without his experience.