brian blooms latest review, page-7

re: brian blooms latest review~phil
Phil, are you saying you applied for 10% of the issue?? Or are you presuming the directors will take a certain amount... Have they said they will take up any.
And why do you refer to an 'entitlement' & 'allocation'??
I thought the issue is unrestricted. Para 2.4

As I stated earlier, Blooms review was based on 244M shares, while Para 3.2.1 of the prospectus states:
343,986,345 FPO shares after issue Plus about 120 million options.
My point, that divides up a small pie into even smaller pieces.... And they have stated they will be raising MORE cash to run the operations.
Questions:
What happens if they have a hiccup?? (as some mines do. Remember, they have NEVER been producers)
What happens if POS does not sky rocket.

I'll stick with my 10 cent valuation and if I don't pick them up before the issue, well, maybe after in the flood of new shares released. And if it takes off, good luck to those that hold, which includes me.
M/S