OAU 20.0% 0.6¢ ora gold limited

Ann: Share Purchase Plan 2016-THX.AX, page-16

  1. 617 Posts.
    lightbulb Created with Sketch. 3
    There is 331,300,000 shares on offer, with 101,194,700 new shares we're looking at 25% dilution methinks. So you're suggestion that we'll see a SP of 4c is possible...

    I'm not too happy they're already jumping towards this, I was hoping they would fund more drilling first especially since they claimed they're funded to support their projects for 2016.
 
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