rights issue massively undersubcribed, page-17

No get out clauses hoohoogrub, why don't you try calling Veritas and getting some extra from the placement, you can't because they want it all.

GO, so you have toned down a bit have you, the 90% chance of a fall in share price down to 75% of the share price has been revised to 15 topside with the underwriters unloading in the 15-17c share range. That sounds more feasable to me, not the sky is falling prediction you made earlier.

You say:

"so I will refrain from taking on your challenge until spud date is known (possibly August now?)."

We have a spud date GO. You talk of prediction and ambiguity, well how about assumptions and scaremongering. The reason for an underwriter is so that the cash is secured, if you don't believe that Veritas is underwriting it then how about you call them?

No, that doesn't suite you, you are all about assumptions and telling others to DYOR. I think this is what you do, you get others to DYR.