re:capital raising announcement, page-2

Absolutely, and its a credit to them that the discount was very small. Many smaller companies I have been in have readily handed out 20% discounts. The BOD and the new institutions clearly can see the value of this company and that can only be great news long term.

What I can't get over, is the sheer land area that AUC have in the Boddington area, not only do they have Katanning, which continues to look like it could post a massive resource, but all the outer areas too, which they are aiming to start to explore with that initial $5m.

This seems to be so far under the radar at the moment, that when it comes above the radar, those of us in for the long term should be handsomely rewarded.

I'm so glad I got this tip from a UK bulletin board as I managed to get in at 30c towards the end of last year and am now, just very happy to sit and wait for the resource to be identified.