Hi dnbuck,
Your view is what I understood was the case but after reading the broker reports I am unclear and a little confused on why they have included certain capital raising strategies that I thought we would not need.
What I am discussing, as I wrote in the first post, is I have asked if anyone who has read these reports can share some opinion on explaining what they mean. One report talks of massive dilution to raise more capital and the other talks of selling a further 25% of the project (not counting the 30% Petromin stake) to get this.
Generally I am just confused.
I've sent the company a few questions to help me with my dilemmas.
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