New Board Proposal, page-99

I can understand your enthusiasm for Turesi but how can you possibly say that a CR to Sophisticated Investor is a winner?
Didn't you just pay $0.013c in the Share Purchase Plan?
Will you be happy that sophisticated investors will be able to (IMO) purchase shares at almost half the price you paid for them 2 months ago?

Assays for the first hole is over due going on their announcements as well as the indicative time lines the lab in Perth estimated for result turn around times - being 2 weeks, they have had the 1st hole pulps since the 12th May - 31/2 weeks ago. The company may already have these results, and will still be covered under continuous disclosure rules because we are in a trading halt, and they may be released once trading halt is lifted by the placement announcement, there may be multiple announcements today.

I actually wouldn't be surprised at all if the halt was extended or they requested a temporary suspension because I think that the closing of the Small Share Sale Facility today will tie into the amount of shares they can offer the sophisticated investor. This is all of course if they are only offering the remainder of the placement facility (rule 7.1 & 7.1a) plus any possible amount of shares available from the share sale. Otherwise, if the raise is over what is available from the placement facility then it will need share holder approval and we know what just happened at the EGM where options resolutions passed quite easily.

All the above IMO only
cheers