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09/07/15
14:13
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Originally posted by heraclitus
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I found DL's mobile in the last Raya presentation but it goes straight through to his other business (On-Trax)
The number is: 0408.885.018
Going back further, beyond the Otsana placement, there's actually been a 1c placement that raised $200k and $402k placement @ 006 through Peloton Capital (former director, Geoff Barnes' private company) and also $$750k @ 1.5c, which was mainly taken-up by ASC Asset Mgmt (they were advising the company on their US o&g strategy). I'm guessing with oil prices plummeting, they got Otsana onboard for the raise plus director as it's become clear they want to start doing DD on some non-resource projects. Not sure if that means the monthly consulting fee with ASC will/has been terminated and if ASC will look to liquidate their position (they own a lot of shares!)
But buying at 004-005 seems pretty decent given in the last 12 months they've raised:
$750k @ 1.5c
$200k @ 1c
$402k @ 006
$550k @ 005
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one of those orders was for 5mill !........
the email is away ! basically to try and find out....what happens to the PYM holding, is Daniels appointment a sign of future direction, and anything else they can say about progress........i forgot to mention the deal with ASC, but i,m sure i saw in an update that it was to be terminated...
we await !