Ann: Prospectus, page-3

Exactly Scooter, so here's what the prospectus is offering SH's in the wonderful deal - Dear loyal Shareholder. Thanks for letting us d*ck you around by not getting this project up and running sooner and not even getting the existing piles of Cu into the market to generate income whilst the BOD and Management have been getting paid and provided with Share allocations at your expense. But since we have wasted your money and diluted  the value of your share holdings let us give you this Christmas deal for your loyalty - the opportunity to purchase more shares (and stump up the bank account so we can spend it on ourselves again) at the bargain of price of a 17% premium to the current market price.