questions for kmc, page-2

Good post Gwaihir. An exceptionally uninspiring prospectus that they somehow hope will encourage us poor dumb shareholders to throw more money at them. If the raising is successful they will be left with very little cash, so how are they going to "create shareholder wealth" from that point.
Are the underwriters going to fund future drilling? Or are they expecting us to dip in again at some future date? If it wasn't so tragic it would almost be funny!!!