ozrider,
If you read the February announcement it states:
That 2million shares will be issued immediately and the balance of 4million shares would be issued after shareholder approval after and EGM.
The latest announcement states that 5,900,000 shares have been issued and shareholder approval is only being required for 100,000 shares.
This is typical of the FC influence of this company, look at HNR, MOT and ATW to name a few. Shareholders are only needed to cough up the $$$$,he will run the company his way.
Potash is readily available at under $400 ton, and has used by all progressive aussie farmers every 3 years for many many years. It is definately no new wonder fertiliser.
I have been in the share market for many years and have never seen so much ramping and hot air ever.
HC posters have the right to question another posters ramping and present the facts.
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6 mill shares issued at 40 cents each, page-5
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