re: Ann: Notice of Annual General Meeting/Pro... Timing is Everything.
Aus company that placed 37M shares at AU$0.17
That increase in resulted in a total amount of 150M shares
Giving a then MCap of £16.5M, their share of prospective resources within the JV was 80mmbbls.
They went on to a pre spud MCap of +£75M. ( 4-5 weeks from placing )
This cap raise was all done at the height of the European financial crisis, Alice Spring and USA budget crisis.
http://www.asx.com.au/asxpdf/20111216/pdf/423blt2qzmqfgb.pdf
TRP MCap £20M with 198M shares and prospective resources P(50) 190mmbbls,
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- Ann: Notice of Annual General Meeting/Proxy Form
Ann: Notice of Annual General Meeting/Proxy Form , page-3
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