Ann: Non-renounceable Rights Issue Offer Document, page-18

my understanding is this.
you can buy 1 share for each 8 you hold on the date nominated in the ann. ie: divide your total number you hold now by 8 and that is your possible maximum you can buy, it will cost you .017 for each share. The new shares will each come with an attached 'option'. That option allows you to buy a another share @ .034 up until sept 2019 at which point after that date they wont exist.
my understanding is that the company expects the shares to be trading above that .034 at the the time or before 2019...ergo rewarding you for your support.
but ring the company/contact on the announcement to clarify this and dont take my word for it....
its a jungle out there.
If i am incorrect someone smarter will point it out.