The CFO should be fired for his incompetence in organising this capital raising. Not securing the underwriter before publicising the capital raising and SPP should be a with cause offence.
The company seems to have its head in the sand. No sign they are cutting back on any expenditure not required to get into production. Just repeat the same old statements with no acceptance that time and amount of money available have changed.
Ann: Completion of SPP and Appendix 3B , page-13
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