Ann: Entitlement offer to raise up to $7.62 million, page-80

Hang on??? Fully subscribed??? HP will take up the non subscribed....I thought it was definitely going to be oversubscribed???

Fraudulent??? That's a stretch from the suggestion something is being sugar coated by HC punters.

Unobtainable??? Or insufficient incentive, HP will follow the best path to $$$. That path may well be simple, DFS, Funding, development, production etc..

Ask Dave Flanagan about blocking stakes held by substantial holders and the security they represent for management. DLI is the perfect example of how anything can happen if the Rich and powerful take interest and it doesn't necessarily work out well for shareholders.( LTR aswell).

I agree HP want to see Youanmi proceed to production....My cynicism is around whether RXL is the vessel to carry it.

All I'm suggesting is anything can happen from here and excessive optimism clouds the fact there are multiple possible outcomes. HP and Managements interests may or may not necessarily equate to positive shareholder outcomes.