I have criticized this unfairly. I see in the original project acquisition release the 11m options and the director options were mentioned. (Still think it is pricey, but as I bought after the ann, that is my fault) Just sour grapes from me as I expected a little more of the project than is visible to date.
Still think the 20m share issue is dubious at this stage.
If it happens post a good scoping study at around 80c I wont mind, but if I see the usual price knock down prior I will find it unforgivable.
I will vote 'no' on resolution 9 if the SP is not significantly higher closer to the time - hopefully once we have seen the scoping study.
I don't know why all investors aren't included in cap raisings. These 'sophisticated only' raisings really get under my skin.
Other mugs should at least be offered similar terms, even if we don't choose to take them up.
If I knew it was available to everyone, I would vote for it with no compunction.
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