Ann: Rights Issue to Raise $2.7 Million , page-3

Hi Wei

I just joined the MOX register...that rights issue looks attractive. And the fact that it has been smashed down from 12c gives a pretty cheap entry imo.

Just did some asset numbers on cash (assuming rights issue fully subscribed) and MEU investment value compared to MOX market cap at 8.5c...pretty much neck and neck so cant see much more downside.

And who knows what MEU will announce re Junction Dam.

PS: It's no SYR though ;-)

Cdchi1