Ann: Entitlement Offer to raise up to $8 million, page-167

sf120: You have double accounted. Shares on issue will be approaching 720M. You can only include cash in the Company from the issue if you include the additional shares being issued! My understanding is that landholders are to be given 12 months to vacate from a decision to mine. That decision surely won't be made until the updated feasibility study is provided. On that basis mining won't start until about May 2025 and it will be preceded by a funding proposal which, based on the current proposal, wiil further dilute shareholders who don't participate. Any one taking up both issues will be heavily overweight in GBE unless their initial holding is underweight what they otherwise would consider an appropriate amount to have invested in GBE. DYOR