Its up there with the "Chinese want a placement but Smyth told them to buy 20m on market, then we will talk". Remeber that MASSIVE ramp. Absolute classic all the excuses that are being made.
What is Egan going to ann that is not allready known, "we need $20m to JORC". Negotiating an option to drill holes in the earth at an undisclosed rate is not going to appease the SP gods.
Your memory is short 123enen. Caplin and the PWC report was the key.
IMO another MASSIVE 50m placement under the current rules and then ratified at the EGM in addition to the TSUNAMI sizedv refinery placement.
important day for cvi, page-31
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