Ann: Appointment of Chief Financial Officer, page-93

Ok - so why now for a CR?

I’ve touched on it before - it depends on wether you think ALB will make another offer or not.

If no - IMO the SP is overheated (it’s only where it is because of the offer) and IMO will return to a lower level. Any future news will have to be astoundingly good to get it back up to this level should the SP drop. Not saying it won’t get there but it will take time.

So if there is any future requirement for Capital (my interpretation of the LTR Presso says there will be by end 2023). CR now, lock it in and it’s money in the bank. Or don’t raise now, SP retreats and you CR at a lower level when you do need capital.

DYOR IMO