AGM:Proposed issue 50Mill shares for development of project, page-6

Banks very happy to lend against Australian low risk gold projects so debt will not be a problem. Word from Sydney is big holder worried they won't get enough stock when deal done as some big holders are saying they will take as much as they can get. I guess thats why blocks trading at 60c as they try to get bigger holdings to leverage to get more stock. its a one way bet as clearly Gold Road is not going to be developed any time soon so its Gascoyne and Dacien left as they only two development stories or takeover targets in the sector!!