Sorry about the delay in my answer. The Rights Issue has been...

Sorry about the delay in my answer. The Rights Issue has been extended for another week. Prior to this announcement I took up all my Rights and applied for the same amount again via the oversubscription mechanism! I have to admit it wasn't alot of "hard-earned" - so it hasn't hurt me to support the company. Half the register is now in the hands of the new guy's who brought the Tanzanian properties - so if they all support the issue, then approx $500k would come in! If a few of the original AVK shareholders supported the Rights Issue also - then it all might work out quite nicely for the company. If they manage to sell the Argentine assets too - this would bring in an additional $200k. Worth a punt - I reckon! (particularly with the shares trading at a premium at the moment!