SDL 0.00% 0.6¢ sundance resources limited

Ann: ANS: Proposed $100m Placement & Strategic Investment in Sund, page-57

  1. 451 Posts.
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    Could somebody please explain what does it all mean for as share holder?

    1. Is cam iron getting 51% of the mine?
    2. 187 M shares to ANS.
    3. 62.5 M share Placement.
    4. 10.5 B initial share placement.
    5. 10.5 B second option, unlisted options.

    Lucky they had the trading hold on time it wouldn't look good if the SP closed above.006?
 
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Currently unlisted public company.

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