There is little hint of selling into a worked CR in the last...

There is little hint of selling into a worked CR in the last month or so ( IMO ).As with previous CR's it may be " unsolicited " and as with recent CR's the raise is above vwap and "oversubscribed ".In this present market ( lousy ) probably a good idea to get some more $$$ in the kitty as further drilling programs along trend ( Tindalls etc ) plus VTEM along the 50 km trend,plus potential further work on the now 100% owned cobar gold assets are possible reasons.The awaited assay results on Yathella and Mundarlo may or may not be a success ( NB Helixtakes a long time to get lab results normally ) so would not discount success on either.The underpinning of the Collerina resource estimation is a brilliant backstop in this scenario, due before xmas as is the Joshua results ( chalcopyrite in visuals ), followed probably by the Japanese JV initial drill,program.Any entry at this price should only be with the present share holders in mind and personally think this will be the case.

At the present very low MC a 10% dilution with the REAL 5 bag potential is neither here nor there.

JMO

Cheers