Ann: Prospectus Extension, page-5

Darmsden

The prospectus was for up to $3M @ 1c per share originally from memory

If they don't extend, it does not have dire consequence at all, it just means they are not continuing to try to raise funds at 1c, at least that is my understanding

It may also mean they don't need to keep alluding to the ASX they are in the process of something and may have a deal ready to announce, hence don't need to keep extending - i.e they may announce a new deal, but raising will not be at 1c

I think too many people read into it, it is just a technicality to buy them time, that's all

There is nothing stopping them from doing a placement or any other sort of raising as far as I understand