Well four of the amigos have taken up their rights. Good to see...

Well four of the amigos have taken up their rights. Good to see that the principle of an informed market is so highly valued.

Of course again one very notable exception on the directors taking up their rights. The founder and largest holder has for the second rights issue in a row not put a zac in of his own money, but NMI has been most helpful in maintaining influence.

Seeing the directors have woken up to informing the market, perhaps they might think about the following matters for the June quarterly:

1 The truth about Kalimintan
2. After 6 months since giving the go-ahead on Harts Range how realistic is it to continue the line its a goer with what has always been a highly marginal project
3. With the AUD at 86c and forecast to go to 90c how realistic is it to expect to be bale to finance Keysbrook?
4. How long will the funds they now have last and how are the going to address OLY's death spiral.
5. When will the next capital raising be undertaken?

I wont hold my breath on answers to the above. This company has form. Reality has never taken a high priority here. Just one big Wallyworld.