News: LCK Leigh Creek Energy Says To Raise Up To A$20 Mln Via Placement, page-5

"Remains its shareholder" very carefully worded.

My key questions would be

- How many shares do they continue to hold vs what they were given (you can have 1 share left and remain a shareholder) and how soon after issuance did they sell
- How was the price manipulated over the past year to allow EEP to place shares at extremely subdued levels.
- Why is the current fee being placed at 14c when the current SP is 18c
- Other than a source of opportunistic cash, why does the company keep going back to them vs using conventional Aust insto placements (which are done and dusted and don't linger like a bad smell)

Biggest concern for me atm is the lack of a coherent capital management strategy by the company. Not happy with this but will continue to hold given the urea theme