Ann: Non-Renounceable Rights Issue & Share Placement, page-10

  1. 1,957 Posts.
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    "New projects are being actively pursued that will lead to enhance shareholder value."

    They will be looking at doing a RTO next year. Enough cash to keep the ship afloat and to complete any DD activities with the latest CR. Personally I wouldn't be paying more than 0.2c as there will now be a lot of shares on issue and the MC is getting a bit high above that level. There may well be another placement and/or right issue before any announcement which could take many, many months to eventuate.......

    All the best @Yskelo .......
 
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