Only 10 mill shares at say 10c.....thats only $1 mill
Wouldn't be worth the effort...
i think (hope) it will be more like 100 mill shares at least and $10 mill although $20 mill (200 mill shares) at 10c would be the best idea at this point
Yes would cause some dilution possibly but 200 mill is only 15% of total shares/options
So SP might drop back to 10.5-11c....no harm done short term
Then again with a good anns with it and SP may actually move up.
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flinders diamonds limited
fmg or bhp or rio, page-11
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