Ann: CI - 202 - Competent Persons Report , page-8

Hi Wazza

I thought I read it somewhere recently but maybe mistaken?

"Capital Structure Post General Meeting
Shares (excluding capital raising) 155.6 million
Capital Raising (shares issued) ~75 million
Market Cap @ A$.35 (post raising) ~ A$80 million
Net Cash (assuming A$25 million raising) ~A$15.5 million
Options (strike btw A$0.25-0.70) ~40.1 million *
Earn-out Shares 30 million
*Includes 7.5 million directors and management options"

From the Investor presentation it actually suggests 33c how ever this was no doubt just a simple projection based on prevailing market price at the time I assume?
ie 75m shares to raise $25m