Say no to the raising! Close this dog !, page-18

To make a stunt work, it has to look real right? Therefore tranche one has already been executed, though a small amount (A$10m). Whereas everything else requires SH approval.

If this stunt works, it can save us A LOT of dilution and possibly the company. LLL shares currently worth approx. $150m, if we use $90m of that for Morila, we still have $60m left to pay off any outstanding debt from MEIN etc.

And no, that's not me, though I bought into BGS nearly 10 years ago...